Lebanon to Issue Its Own Digital Currency

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lebanon bitcoinIn a recent statement addressing attendees at the 7th CSR Lebanon Forum, the governor of the Bank of Lebanon, Riad Salameh, stated that the central bank plans to introduce its very own digital currency. Protection System to be Developed Beforehand Salameh mentioned that the central bank is well aware that digital currencies will play an important role in the future. However, due to the cybercrime potential associated with cryptocurrencies, the central bank must make necessary arrangements prior to adoption. These arrangements will likely consist of a cybercrime system that will closely monitor the market and help prevent money laundering, tax evasion, and illegal financing. Moreover, the

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