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Honduras issues cryptocurrency trading ban
This article briefly:
•Honduras CNBS has imposed a ban on cryptocurrency trading activities for financial institutions within its jurisdiction.
•CNBS explained that the ban is to maintain strict control over the integrity of the country’s financial system.
•The move contrasts with growing institutional interest globally, such as the launch of a Bitcoin ETF in the United States.
While several countries around the world are opening their borders to cryptocurrency trading, Honduran regulators have taken decisive steps to curb these activities within their jurisdiction.
The National Banking and Securities Commission of Honduras (CNBS) issued a ban prohibiting financial institutions in the country from engaging in cryptocurrency trading or holding digital assets.
•Honduras CNBS has imposed a ban on cryptocurrency trading activities for financial institutions within its jurisdiction.
•CNBS explained that the ban is to maintain strict control over the integrity of the country’s financial system.
•The move contrasts with growing institutional interest globally, such as the launch of a Bitcoin ETF in the United States.
While several countries around the world are opening their borders to cryptocurrency trading, Honduran regulators have taken decisive steps to curb these activities within their jurisdiction.
The National Banking and Securities Commission of Honduras (CNBS) issued a ban prohibiting financial institutions in the country from engaging in cryptocurrency trading or holding digital assets.
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