Lebanon News

Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021.

Blockchain technology has the potential to bring transparency to the deployment of financial aid.

A deepening monetary crisis has seen Lebanon’s national currency plummet a further 50% over the last 10 days to reach parity with a single satoshi.

A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets.

An enormous disparity between the market value and the official peg of Lebanon’s lira has resulted in chaotic pricing on Localbitcoins.

Banks have already been closed for six working days due to civil unrest, with fresh information confirming they would stay that way for an unspecified time.

The Central Bank of Iran plans to conduct a comprehensive review of its policies covering Bitcoin and other cryptocurrencies.

Lebanese central bank Governor has claimed that Bitcoin and other virtual currencies are “unregulated” commodities whose use should be prohibited.

In order to boost the Lebanese startup scene, the United Kingdom, in collaboration with Lebanon's central bank, the Banque du Liban (BDL), has launched the UK Lebanon Tech Hub.

A warning from the Bank of Lebanon, issued in mid-December, ran through a list of risks related to Bitcoin and cryptocurrencies in general.