Art. 9 of the Regulations issued by the National Payments Council regarding electronic payment services stipulates any electronic payment service must be prepaid and in Libyan Dinar. Art 1 defines electronic payment services as services related to managing electronic money or issuing and managing pre-paid payment methods.
Art. 10 requires eWallet or mobile payments service providers to have a single bank account in one of the commercial banks of Libya that is dedicated to aggregating all payments by users. It prohibits the use of the account for any other use.

Art. 2 of Circular No. 9-2020 of the Central Bank of Libya stipulates that banks are granted the powers to decide on the sale of foreign exchange for personal purposes through the national number of every Libyan citizen aged eighteen years or older and within certain limits. The maximum amount transferred per person through all banks operating in Libya, whether through Visa or MasterCard cards or quick transfers, is USD 20,000 or its equivalent in other currencies per year. Additionally, the limit for issued Visa or MasterCard cards should not exceed an amount of USD 10,000 or its equivalent in other currencies per year.

According to Art. 1355 of Law No. 23-2010, it is not permissible to practice any commercial activity, profession, or conduct any business within Libya except after obtaining a license. It is unclear whether the law covers both online and offline activities. It does not differentiate between them. Hence, it is unclear whether the law covers electronic commerce or not. It is reported that some requirements apply to all businesses, including obtaining a Commercial Register certificate, registering with the Chamber of Commerce and the tax and labour departments, and obtaining a working license.

According to Art. 9.5 of the Regulation for Electronic Payments Services, all electronic payment services must be done in local currency (Libyan Dinar) and all the payment processes and operations take place in Libya.

Art. 6 of Resolution No. 207-2012, amended by Art. 2 of Resolution No. 823-2013, establishes a list of activities that only Libyans may carry out and for which therefore foreign investment if not allowed even through joint companies. This includes retail and wholesale trade. It is not clear whether this requirement applies online.

Art. 9 of Law No.5-2022 states that no individual or entity shall produce, possess, provide, market, manufacture, import, or export encryption tools” without gaining authorization from authorities often used to protect online users' privacy.

Art. 1 of Resolution No. 388 of 2022 added electrical and electronic devices and equipment to the list of goods prohibited for export pursuant to Resolution No. 359-2021.

Art. 4.3 of the "Regulations for the Specific Approval of Communications Devices and Equipment attached to Resolution No. 985-2022" requires obtaining a permit from the competent authorities for the import, manufacture, assembly or trade of any telecommunications equipment, which should be in accordance with the approved standards and specifications, and in coordination with the concerned security agencies.

Art. 6 of Resolution No. 207-2012, last amended by Art. 2 of Resolution No. 823-2013, establishes a list of activities that only Libyans may carry out and for which therefore foreign investment if not allowed even through joint companies. These include import business.

Art. 2.4 of Decision No. 811-2022, a license is required in the event that an audio channel or visual channel, satellite or terrestrial, affiliated with a foreign company or an entity operating outside Libya, as well as its headquarters outside Libya, wishes to open an office, branch, or activity within the Libyan state. The license requires approvals from the Foreign Media Department of the Ministry of Foreign Affairs, approval of the Libyan Intelligence Service, and Security approval, among others. It was reported in September 2022, that, while the decision largely targets television and radio outlets, it could negatively affect the online space as many of those operators maintain an online and social media presence.

According to Art. 1355 of Law No. 23-2010, it is not permissible to practice any commercial activity or conduct any business within Libya except after obtaining a license. The law does not differentiate between online and offline commercial activity. However, it is unclear if this applies to the relevant sectors, online content providers, online services and applications, are also concerned. It is reported that some requirements apply to all businesses, including obtaining a Commercial Register certificate, registering with the Chamber of Commerce and the tax and labour departments, and obtaining a working license. It is reported that in May 2019, the government suspended the licenses of 40 foreign firms, including Alcatel-Lucent and Microsoft, asking for their renewal.

It is reported that internet shutdowns and disruptions occurred several times in 2022. This is despite the indicator "6.2.4 - Government Internet shut down in practice" of the V-Dem Dataset, which measures whether the government has the technical capacity to actively make internet service cease, thus interrupting domestic access to the internet or whether the government has decided to do so, has a score of 4 in Libya. This corresponds to "The government does not typically interfere with the domestic access to the Internet."

According to Art. 7 of Law No. 5-2022 regarding combatting cybercrime, the National Information Security & Safety Authority (NISSA) reserves the right to monitor content published on websites and block digital content deemed offensive to Libyan culture and values.

It is reported that at least since 2021, Libya has mandatory SIM card registration. Moreover, foreign subscribers are required to provide a valid visa and passport.

A basic legal framework on intermediary liability for copyright infringement is absent in Libya's law and jurisprudence.