Mon, November 4

Honduras Prohibits Banks from Crypto Dealings Citing Lack of Regulation

A resolution prohibiting financial institutions in Honduras from dealing with cryptocurrency was issued by the National Banking and Securities Commission of Honduras (CNBS). Due to the lack of regulation, the Honduran central bank said that it is unable to guarantee cryptocurrency transactions. Users of blockchain-based financial services and cryptocurrencies may

February 17, 2024 2 mins read

Honduras Launches a New Initiative to Enhance Crypto Adoption

According to recent reports, Honduras’ first Bitcoin city named, ‘Bitcoin Valley’ has opened in the Honduran tourist town of Santa Lucia. As part of the new Bitcoin Valley initiative, Santa Lucia will accept Bitcoin (BTC) for payments. The project aims to increase tourism revenue across 60 local businesses.  With the

August 2, 2022 2 mins read