Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government falters, some traders are calling for […]
The post Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls appeared first on Bitcoin News.
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Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials scramble to address the situation against a backdrop of alleged political embezzlement […]
The post Lebanese Protestors Gather at Central Bank as Financial Lockout Continues appeared first on Bitcoin News.
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