• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Central banks of Honduras, Guatemala eye digital currencies as El Salvador launches bitcoin

September 8, 2021 by David Barret Leave a Comment

September 8, 2021

TEGUCIGALPA (Reuters) – The central banks of Honduras and Guatemala are eying digital currencies, officials said on Wednesday, following El Salvador’s adoption of bitcoin as legal currency.

The central bank presidents for Honduras and Guatemala both said the banks were studying digital currencies with the aim of eventually introducing them into the economy, including via a central bank digital currency.

El Salvador on Tuesday made history with its adoption of bitcoin as legal tender, though the launch of its government-backed digital wallet hit snags including technological glitches and an angry protest by mistrustful citizens.

“The Central Bank of Honduras has also recently begun, approved by the board of directors, to initiate the study….. to determine the feasibility of conducting a pilot test issuing its own digital money or a central bank digital currency,” said Honduras central bank president Wilfredo Cerrato, speaking at a regional economic forum in Tegucigalpa.

Cerrato said the adoption of digital currencies in Central American countries should be addressed in the Central American Monetary Council, which brings together central bank authorities.

Guatemala’s central bank vice president Jose Alfredo Blanco said the bank was studying the possibility of a local digital currency that would be called iQuetzal.

“It will take perhaps a long time to complete the investigation phase,” Blanco said, adding that a committee had been formed six months ago.

(Reporting by Gustavo Palencia; writing by Cassandra Garrison; Editing by Sandra Maler)

Source Link Central banks of Honduras, Guatemala eye digital currencies as El Salvador launches bitcoin

David Barret
David Barret

Related posts:

  1. Tennis – Azarenka calls for mandatory COVID-19 vaccinations
  2. Apple offers small concession in easing App Store rules for Netflix, others
  3. U.S. weekly jobless claims fall; layoffs at 24-year low
  4. Explosion snags $6M on $120M valuation to expand machine learning platform

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Hippos Hung Around In Europe 80,000 Years Later Than We Thought
  • Officially Gone: Slender-Billed Curlew, Once-Widespread Migratory Bird, Declared Extinct By IUCN
  • Watch: Rare Footage Captures Freaky Faceless Cusk Eels Lurking On The Deep-Sea Floor
  • Watch This Funky Sea Pig Dancing Its Way Through The Deep Sea, Over 2,300 Meters Below The Surface
  • NASA Lets YouTuber Steve Mould Test His “Weird Chain Theory” In Space
  • The Oldest Stalagmite Ever Dated Was Found In Oklahoma Rocks, Dating Back 289 Million Years
  • 2024’s Great American Eclipse Made Some Birds Behave In Surprising Ways, But Not All Were Fooled
  • “Carter Catastrophe”: The Math Equation That Predicts The End Of Humanity
  • Why Is There No Nobel Prize For Mathematics?
  • These Are The Only Animals Known To Incubate Eggs In Their Stomachs And Give “Birth” Out Their Mouths
  • Constipated? This One Fruit Could Help, Says First-Ever Evidence-Led Diet Guidance
  • NGC 2775: This Galaxy Breaks The Rules Of “Galactic Evolution” And Baffles Astronomers
  • Meet The “Four-Eyed” Hirola, The World’s Most Endangered Antelope With Fewer Than 500 Left
  • The Bizarre 1997 Experiment That Made A Frog Levitate
  • There’s A Very Good Reason Why October 1582 On Your Phone Is Missing 10 Days
  • Skynet-1A: Military Spacecraft Launched 56 Years Ago Has Been Moved By Persons Unknown
  • There’s A Simple Solution To Helping Avoid Erectile Dysfunction (But You’re Not Going To Like It)
  • Interstellar Object 3I/ATLAS May Be 10 Billion Years Old, This Rare Spider Is Half-Female, Half-Male Split Down The Middle, And Much More This Week
  • Why Do Trains Not Have Seatbelts? It’s Probably Not What You Think
  • World’s Driest Hot Desert Just Burst Into A Rare And Fleeting Desert Bloom
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version