Lebanon’s Central Bank To Issue Digital Currency In 2021 In Light Of Economic And Monetary Fallout
Banque Du Liban, the central bank of Lebanon is set to launch a central bank digital currency (CBDC) in 2021.
According to a report by a state-run news publication on Tuesday, the central bank’s... Read More
Bitcoin04/07/20 20:59 by Christopher Haruna Hamman
As Countries Start to Spiral Into Monetary Crisis, Will the World Ultimately Turn to Bitcoin?
In the past week, several countries’ fiat currencies have spiraled out of control. Specifically, the Lebanese Pound and the Argentinian Peso have both faced a massive drop in currency values.
... Read More
Bitcoin12/06/20 17:47 by John Kiguru
Protests Rage In Lebanon Over Currency Collapse; Trust Gov’t, or Buy Bitcoin?
Buying Bitcoin is so far the best way to bet against the government in its handling of money. As Satoshi intended, it is where money and state separate. While it was born in the aftermath of the 2008... Read More
Bitcoin29/04/20 15:53 by Brenda Ngari
Bitcoin Could Benefit From Lebanon As Protesters Vandalize Banks Over The Country’s Currency Crisis
Protests in Lebanon have been going on since October last year as the citizens grapple with the falling economy.
With the country’s national currency plunging to new all-time lows, the citizens ... Read More
Bitcoin24/04/20 16:00 by Yashu Gola
Bitcoin Trades at $15k in Lebanon Amidst Economic Turmoil, Showing Its Real Potential
Bitcoin tops near $15,000 on Lebanon P2P marketplaces as the country’s official fiat crashes 50 percent in just a month.
The bitcoin rate in international is just above $7,500.
Lebanon is facing... Read More