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Tag: digital currency

Nov 12
Lebanon to launch a digital currency next year

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 project” as a way to shore up confidence in the banking system.   […]

Dec 04
British Virgin Islands to launch their own 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 fees, increase transaction speed and […]

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