Lebanon plans to introduce a digital currency next year to restore confidence in the banking sector and transition into a cashless system, GovernorRiad Salameh said.
Central bank governor Riad Salameh told a gathering of officials Monday that “We must prepare a Lebanese digital currency…
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Browsing Tag
digital currency
Blockchain startup LifeLabs announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI).
The coin will be a stablecoin pegged 1:1 to the U.S. dollar — which the BVI have used since 1959 — and its use is expected to reduce transactional…
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UK financial regulator The FCA issued a formal consumer warning about the risks of Initial Coin Offerings, or ICOs.
What are ICOs?
The term ICO refers to a digital way of raising funds from the public using a virtual currency, also known as cryptocurrency. An ICO can also be known as ‘token sale’…
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