Bitcoin in Emerging Markets: The Middle East
Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications.
Binance's charity arm is donating $20,000 to the victims of an explosion that rocked Lebanon's capital earlier this month.
A group of Lebanese expats in Europe organized the Crypto Disaster Relief For Beirut Explosion fund to support those affected by last week's tragedy.
Central bankers hope the CBDC will help restore confidence in Lebanon's shaky banking sector.
Will Hezbollah in Lebanon use bitcoin? The data suggests terror activity is uncommon despite surging crypto popularity across the Middle East.
Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent.
A massive shortage of dollars is instigating economic chaos, including a more than 50% loss of value in the Lebanese pound and what looks like an enormous local premium for bitcoins. Presented in podcast and full-transcript formats.