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Markets
Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto – Regulation Bitcoin News
Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The…
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Markets
Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’ – Regulation Bitcoin News
Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However,…
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Markets
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a…
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Markets
Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence
Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases…
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Markets
After Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40% – Economics Bitcoin News
The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part…
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Markets
Central Bank of Sri Lanka completes proof-of-concept KYC platform
A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or…
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Markets
Sri Lanka commissions expert panel to study virtual assets
The committee will review the regulatory frameworks of other countries before submitting a proposal on the most effective framework for…
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