Blog

Libyan Technology Foundation participated on Monday, October 19, 2026, in a specialized workshop organized by Libya’s Ministry of Interior under the title “Virtual Assets: Between Regulation and Criminalization.” The workshop was held as part of preparations for Libya’s upcoming mutual evaluation by the Middle East and North Africa Financial Action Task Force (MENAFATF).

The workshop was attended by Major General Abdulwahid Abdulsamad, Director of the Minister of Interior’s Office and Head of the Ministry’s Office for Combating Money Laundering and Terrorism-Related Crimes. Representatives from national institutions and sovereign, security, and financial bodies also attended, alongside the United Nations Office on Drugs and Crime (UNODC).

Participants discussed the legal, security, and financial dimensions of virtual assets and digital currencies, including the risks of their misuse for money laundering and terrorist financing. Discussions also addressed ways to develop legislation and strengthen coordination among institutions to support compliance with international standards and protect the national economy against emerging forms of financial crime.

LTF’s participation reflects its interest in strengthening national dialogue on digital transformation and supporting efforts to develop regulatory frameworks for financial technologies that balance innovation with economic protection and the prevention of financial crime.