Honduras Ratchets Up Battle With Crypto-Libertarian Investors, Rejects World Bank Court
After the Honduran president repealed a law granting unfettered authority to outside investors, the crypto groups took the dispute to World Bank arbitration court.
Hasnain says:
“Castro quickly and successfully moved to repeal the ZEDEs law in the face of intense bipartisan U.S. pressure to maintain them. The American response has been to repudiate the very idea of Honduran democracy and sovereignty, with investors using the World Bank’s ICSID to force the new Honduran government to respect the policies carried out by the former president now sitting behind federal bars.”
Posted on 2024-03-20T03:00:29+0000