Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation.
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Sri Lanka central bank reiterates crypto warning following protestors seizing president's residence
Thousands of Sri Lankans took to the streets of Colombo in protest of the government’s response to the economic situation in the country.
Central Bank of Sri Lanka completes proof-of-concept KYC platform
Sri Lanka’s recent economic uncertainty seems to be the driving force behind its interest in cryptocurrency and the government's new exploration into KYC technology.
Sri Lanka appoints committee to implement crypto mining and blockchain
The committee plans to propose a suitable framework for Sri Lanka after studying the regulations followed by international markets.