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Bitcoin is ‘not regulated’ — Honduras’ central bank pushes back against legal tender rumors -Breaking

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© Reuters.

The Central Bank of Honduras, or BCH, addressed rumors regarding the country potentially adopting as legal tender like its neighbor El Salvador — and the answer seems to be negative.

The central bank of Honduras released a statement on Wednesday “for the time being” Bitcoin (BTC() were not legally recognized in other countries and weren’t subject to regulation in Honduras. The BCH reiterated its authority under Honduras’ constitution that it was the only authorized “issuer of banknotes and coins” considered to be legal tender in the country.