Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency

Aug 02,2022
KingData News: The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing of any sort, and are also affected by high levels of volatility. “Any transaction carried out with them will be under the responsibility and risk of the person who performs it.”
This index tracks global regulatory move targeted at cryptocurrency and blockchain industry.