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Tuesday, October 31, 2017

Crypto News: Central Bank of Lebanon Hints at State-Backed Cryptocurrency

Central Bank of Lebanon Hints at State-Backed Cryptocurrency

Thomson Reuters’ Zawya reprinted from The Daily Star, a Lebanese daily, quoting Banque Du Liban Governor, H.E. Mr. Riad Salamé, head of Lebanon’s central bank.

Mr. Salamé said he understands “that electronic currency will play a prominent role in the future.”

The governor was speaking at a Beirut Corporate Social Responsibility conference, sponsored in part by BDL.

“But BDL must first make the necessary arrangement before taking this step,” he continued, “and develop [a] protection system from cybercrime. Both the Special Investigation Commission and Banking Control Commission are cooperating to prevent such electronic crimes,” The Daily Star reports the governor as saying.

Full story at

Source: Bitcoin News

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