As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs

Cointelegraph

Published Sep 09, 2021 06:37AM ET

Updated Sep 09, 2021 08:20AM ET

Two Central American countries, Honduras and Guatemala, are taking a cue from their common neighbor’s adoption of Bitcoin (BTC), but they are taking a very different road.

Instead of embracing an existing cryptocurrency as a legal tender, like what El Salvador did, the central banks of Honduras and Guatemala are currently studying central bank digital currencies (CBDC).

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