• December 5, 2023


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Honduras Will Not Legalize Bitcoin

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A landmark event for the crypto sphere was the legalization of Bitcoin in El Salvador last fall. A supporter of the adoption of the law on the recognition of cryptocurrency as a means of payment was the President of the country, Nayib Bukele.

A few months ago, some media started to publish news based on rumors about the possible legalization of Bitcoin in another Latin American country. Allegedly, the President of Honduras, Xiomara Castro, plans to follow the Salvadoran path and recognize cryptocurrency in the near future.

However, the Central Bank of the country has now officially denied these rumors. It has published a press release in which it has noted that only the national currency issued by the regulator is recognized as legal tender in Honduras.

The Central Bank statement says:

“Bitcoin is currently not regulated in our country.”