Lebanon Pursues Crypto Regulation Amid Growing Digital Economy

Lebanon is making significant strides in its digital economy, driven by a growing number of citizens turning to cryptocurrency for trading, transfers, and alternative financial access. Minister of Economy Amer Bisat's meeting with Binance officials highlights the country's focus on regulatory clarity and potential investment opportunities.

The meeting follows Bisat's participation in the 2026 World Economic Forum in Davos, where he emphasized the importance of private sector innovation and the Lebanese diaspora in revitalizing the economy. Lebanon's diaspora remains a critical financial backbone for the nation, with remittances reaching over $6.4 billion in 2024 and accounting for nearly 30% of GDP.

Bisat stressed that while the opportunities presented by cryptocurrency are vast, they also bring significant financial, legal, and cross-border risks that must be properly managed. The inter-ministerial committee is working to develop a regulatory path forward, taking into account the growing traction of digital assets in Lebanon.