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Reuters: Honduran regulators ban institutions from trading cryptocurrencies

Reuters: Honduran regulators ban institutions from trading cryptocurrencies

CointimeCointime2024/02/18 09:26
By:Cointime

The National Bank and Securities Commission regulatory agency in Honduras stated in a resolution that due to the risk of fraud and money laundering, the country's financial system is banned from trading cryptocurrencies and similar virtual assets. The commission stated that the resolution, dated Monday, was made public on Friday with immediate effect. The resolution prohibits its regulated institutions from "holding, investing or trading in cryptocurrencies, crypto assets, virtual currencies, tokens or any similar virtual assets that have not been issued or authorized by the central bank."

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