
Central Bank of Honduras issues warning against volatile digital assets
The central bank emphasized that citizens who transact with digital assets will bear responsibility for any risks they face from the high volatility of digital assets.
The central bank emphasized that citizens who transact with digital assets will bear responsibility for any risks they face from the high volatility of digital assets.
Referencing two previous communiqués in 2020 and 2021, the bank stated that it does not “supervise or guarantee operations carried out with cryptocurrencies as means of payment in the national territory.
Following the bold steps of El Salvador, countries in Central America such as Honduras and Guatemala are looking into analyzing digital currencies with a goal to adopt them.
The technology will be used to monitor the supply chain of Honduran coffee beans.