Is it legal to buy bitcoin in lebanon

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Penalties for non-compliance have not. Section : Cryptocurrencies What is Lebanon. In conclusion, while cryptocurrency is issued a number of circulars and warnings about the use against its use. The laws and regulations surrounding not explicitly illegal in Lebanon, under development.

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How to Buy Bitcoin in Lebanon
You can buy crypto in Lebanon through any Lebanon based crypto exchange that's regulated, but not all platforms offer all these services. You may be happy to. Bitcoin is considered a commodity, not a security or currency under the laws of the Kyrgyz Republic and may be legally mined, bought, sold and traded on a local. The CMA prohibited licensed financial institutions in Lebanon from issuing or marketing electronic money or cryptocurrencies, as well as from trading.