Close Menu
    Facebook X (Twitter) Instagram
    Thursday, July 17, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    Advertise with Us Get the App
    961
    Home»News»Lebanon News
    @themetapreneurs | Banque du Liban
    1 Min Read

    Lebanon’s Central Bank Just Warned Against Dealing With NFTs

    By Karine KeuchkerianMay 18, 2022
    Facebook WhatsApp Copy Link

    The governor of Lebanon’s Central Bank (BDL), Riad Salameh, issued notice No. 948 on Tuesday addressed to banks, financial institutions, exchange institutions, financial brokerage, and also the public, warning against “buying, possessing, and using non-replaceable NFT codes.”

    The warning against NFTs comes as a way to prevent possible fraud, problems with ownership, and the use of those symbols for possible money embezzlement.

    However, the ban to protect the rights of the Lebanese people comes at a time when they are locked out of their bank accounts under the harsh rule of capital control.

    The majority of the Lebanese and non-Lebanese depositors have been deprived of access to their life savings in banks since late 2019.

    Many have opposed this ongoing severe rule by banks and protests continue in the country.

    Anxiety prevails among the people on whether they would be made to also pay the price for the current financial calamity rather than the Lebanese authorities and the banking system assuming the responsibility.

    Related: Everything You Need To Know About Capital Control And Its Impact On Lebanon.

    Central Bank of Lebanon Lebanon Riad Salameh
    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    shark tank Lebanon

    Shark Tank Is Officially Coming To Lebanon – Here’s How You Can Get A Chance To Pitch Your Idea

    whish pay lebanon 961

    You Can Now Use Whish Pay At Shopify Stores

    lebanon cybergames 2025 hacking 961

    Lebanon Just Won A Global Hacking Competition

    lebanon jounieh cyprus by ferry 961

    You’ll Soon Be Able To Travel Between Lebanon & Cyprus By Ferry

    visa whish money partnership

    Visa and Whish Money Just Partnered To Push Digital Payments in Lebanon and Abroad

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    shark tank Lebanon

    Shark Tank Is Officially Coming To Lebanon – Here’s How You Can Get A Chance To Pitch Your Idea

    lebanon jounieh cyprus by ferry 961

    You’ll Soon Be Able To Travel Between Lebanon & Cyprus By Ferry

    June 8, 2025

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019
    whish pay lebanon 961

    You Can Now Use Whish Pay At Shopify Stores

    June 13, 2025

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019

    How Mia Khalifa Became One Of The Most Outspoken Advocates For Lebanon

    August 13, 2020
    Lebanese boutiques

    25 Boutiques In Lebanon To Find Your Dream Evening Dress This Wedding Season

    June 9, 2024

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    caracalla one thousand and one nights

    Caracalla Just Added More Dates For “One Thousand and One Nights” & You Def Don’t Want To Miss It!

    July 5, 2025
    Low-Cost Lebanese Airline 961

    We Might Finally Be Getting A Low-Cost Lebanese Airline – Here’s What We Know

    June 18, 2025
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.