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HomeCryptoCurrencyCentral Bank of Peru denies any link with the Sol Digital token

Central Bank of Peru denies any link with the Sol Digital token

The Central Reserve Bank of Peru issued a statement rejecting any relationship with a token advertised in that country, called “Sol Digital”.

«The denomination of the Sun corresponds only to the monetary unit issued exclusively by the Central Reserve Bank of Peru, so any use of this denomination for digital currencies issued by third parties affects the powers of the Central Bank and contravenes the legal framework applicable to the issuance of banknotes and coins, “said the financial entity, on November 24.

In that sense, they flatly denied any connection with the Sol Digital , since in that country private digital currencies do not have the support of the Central Bank.

From the Peruvian financial institution, they highlighted that cryptocurrencies are not controlled or supervised , specifically, with regard to the risks of market volatility o.

They also warned the public of the risks involved in acquiring the so-called «Digital Sun».

The token was created by a financial services company called Anclap. As indicated on their website, they focus on developing a digital payments network , “connecting the financial systems of Latin American countries with the world” through the Stellar blockchain.

The Peruvian financial body warned that it does not issue the Sol Digital token.

Token launch

The «Digital Sun» was given to know, last September. According to a specialized medium, the stablecoin is interoperable and backed in the local currency. With it you can pay or charge without costs, have the funds instantly and withdraw them to a traditional bank account.

Also, they reported that the token can be acquired on the exchanges lobstr.co and solarwallet.io and can be exchanged for currencies such as the Argentine peso, Brazilian real, the US dollar or the euro.

Peru if you want a CBDC

Although they denied being linked to the digital token «Sol Digital», the Central Bank of Peru has shown a willingness to have its own digital currency (CBDC, for its acronym in

The information was confirmed by the president of the Central Reserve Bank of Peru, Julio Velarde, as reported by CriptoNoticias.

« The payment system that we are going to have er 8 or 10 years from now, the world will be completely different from today. We have been working on a digital currency », said Velarde.

For the project they have worked with other financial entities from countries such as Singapore and Hong Kong.

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Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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