2019-10-25 10:21 |
Lebanon to keep banks closed until further notice
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Lebanon’s banking system has been in shambles for quite some time, with closures across the country. Now, the banks are ready to reopen, but they are opening with a caveat. Without calling it Capital Controls, Lebanese banks have set a withdrawal limit of $1,000 a week for accounts denominated in foreign currency.
2019-11-19 02:34 | |
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The famous trader and the author of the ?The Black Swan? book speaks positively of crypto commenting on banks shutting down in Lebanon over the mass protests
2019-10-25 14:42 | |
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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.
2019-10-25 05:45 | |
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Lingering political unrest rendered millions of Lebanese nationals unable to access their own money deposited with banks for the seventh consecutive day on Wednesday, highlighting once again how Bitcoin can serve as an alternative financial system.
2019-10-24 07:24 | |
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Banks in Lebanon have remained closed for the sixth consecutive day today. The restriction of access to banking facilities serves as yet another reminder of the power financial institutions can wield over a population and the importance of Bitcoin as a potential check to that power.
2019-10-22 21:51 | |
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