Bitcoin

<a href="https://bitcoinworld.co.in/honduras-financial-regulator-cnbs-restricts-banks-from-dealing-in-cryptos/" title="Honduras Financial Regulator, CNBS, Restricts Banks From Dealing In Cryptos" rel="noopener noreferrer nofollow"></a>
The Honduras financial regulator has <a href="https://circulares.cnbs.gob.hn/Archivo/Viewer/3611/003-2024%20REFERENTE%20ACTIVOS%20VIRTUALES.pdf" rel="noopener noreferrer nofollow">slammed</a> the brakes on cryptocurrencies, with the National Banking and Securities Commission (CNBS) prohibiting banks under its supervision from dealing in cryptos.
The CNBS has stated that the “maintaining, investing, intermediating or operating with cryptocurrencies, crypto assets, virtual currencies, tokens or any other similar virtual asset” will not be allowed for the country’s financial institutions.
Citing the unregulated nature of crypto and potential exposure to fraud, money laundering, and terrorism financing, the CNBS resolution effectively bars banks, investment firms, and other financial institutions from engaging in any activities related to cryptocurrencies, including holding, investing, or facilitating transactions.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/this-is-how-chinese-crypto-traders-have-been-bypassing-the-crypto-ban/" aria-label="“This Is How Chinese Crypto Traders Have Been Bypassing The Crypto Ban” (Edit)" rel="noopener noreferrer nofollow">This Is How Chinese Crypto Traders Have Been Bypassing The Crypto Ban</a>
Honduras is home to several crypto-friendly initiatives, including Bitcoin Valley and the special economic zone of Próspera, where Bitcoin serves as legal tender.&nbsp;
However, the central bank of Honduras had previously warned against using crypto and is studying the issuance of its own digital currency.&nbsp;
While crypto exchanges continue to operate freely in Honduras, mainstream financial institutions are now prohibited from entering the digital asset space.
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote>
#Binance #WRITE2EARN
The post <a href="https://bitcoinworld.co.in/honduras-financial-regulator-cnbs-restricts-banks-from-dealing-in-cryptos/" rel="noopener noreferrer nofollow">Honduras Financial Regulator, CNBS, Restricts Banks From Dealing In Cryptos</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Honduras Financial Regulator, CNBS, Restricts Banks From Dealing In Cryptos

ItsBitcoinWorld

Các bài viết khác được xuất bản trên 20 thg 2, 2024

Ripple CTO Explains How 40.7 Billion XRP in Ecrow Can Be Burned

HBAR Price Breaks $0.10 With 50% Upside Potential

Animoca, Polygon-backed Humanity Protocol launches ZKP-powered palm recognition

Trader Says DeFi and Another Crypto Sector Are Going To Significantly Outperform, Updates Outlook...

Internet Computer (ICP) & Chainlink (LINK) Holders Add Lending Sensation Kelexo (KLXO) as 30x Lik...

Sam Bankman-Fried captured in first jail photo

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!