Regulation

Libya

Libya

Libya

Country in North Africa

  • population:

    6,375 people

  • Area:

    176 square kilometers

  • Internet penetration:

  • National currency:

    Libyan Dinar

  • Type of government:

    Unknown

  • President:

    Mohammed Yousef el-Magariaf

  • Capital:

    Tripoli

  • Tongue:

    Arabic

  • Economic Growth:

    55.00%

  • Digital Currency Legislation:

    illegal

  • Digital Currency Tax:

    Prohibited

  • Digital currency payment:

    Prohibited

  • National digital currency:

    Prohibited

  • ICO:

    Not legislated

  • Anti-Money Laundering Rules for Crypto:

    has it

Libya

Libya’s central bank has said that digital currencies such as bitcoin are not supported by the government and the law and are illegal. The bank has also warned all stock and securities companies against risks such as money laundering, fraud and terrorism if they use virtual currencies.

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