Reuters: Honduran regulators ban institutions from trading cryptocurrencies
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."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption
ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains
Shiba Inu Community Pushes Token Toward $0,001
Can You Turn $500 Into $500 With These Cryptocurrencies?