Billionaire investor and Bitcoin advocate Tim Draper made an unexpected visit to the Central Bank of Sri Lanka to promote cryptocurrency as a weapon against corruption. Still, he faced a hostile recep...
Tag: Lankas
A breakdown of Sri Lanka’s interim budget amid an economic meltdown
Sri Lanka is in a period of great flux. The breathtaking beauty of the island nation has, unfortunately, often been overshadowed by political instability, ethnic conflict and civil unrest. With the en...
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country’s economy stumbled. In May 2022, the governme...
Sri Lanka’s Ranil Wickremesinghe Wins Presidency Despite Opposition From Protestors
Topline Sri Lanka’s Prime Minister Ranil Wickremesinghe—who was serving as the country’s interim president—was voted into power as the new president by the country’s lawmakers on Wednesday despite his...
Sri Lanka’s Central Bank Warns The Public Against Crypto Purchases Despite The Economic Crisis ⋆ ZyCrypto
Advertisement     The Central Bank of Sri Lanka has warned the public against engaging in crypto-related activities citing the lack of regulations and accompanying ris...
Sri Lanka’s Central Bank Warns About Crypto Amid Severe Economic, Political Crisis – Regulation Bitcoin News
Sri Lanka’s central bank issued a warning regarding the use of cryptocurrencies amid a devastating economic and political crisis. The central bank stressed that it “has not given any license or author...
Sri Lanka’s Central Bank Warns Against Crypto Amid Economic Crisis
The Central Bank of Sri Lanka, or CBSL, has cautioned the public against buying cryptocurrencies due to a lack of regulatory monitoring at a time of economic and political upheaval. Sri Lanka Maintain...
Sri Lanka’s Central bank warns public on possible risks in crypto trade
Sri Lanka is in the midst of a political and economic crisis, and its central bank has issued a warning to the public not to use cryptocurrencies. The Central Bank of Sri Lanka (CBSL) has warned that ...
Sri Lanka’s Central Bank Warns Public Against Cryptocurrency Investments – crypto.news
The Central Bank of Sri Lanka (CBSL) has warned the public against investing in digital assets. According to reports, the government fears consumers will be left exposed to operational and security ri...
Sri Lanka’s Revolution Holds Lessons For Emerging Markets
Sri Lanka’s President Gotabaya Rajapaksa speaks during the opening ceremony of the UN Climate Change … [+] Conference COP26 in Glasgow, Scotland on November 1, 2021. Andy Buchanan/Pool via...
Sri Lanka’s Central Bank Keeps Crypto Illegal Amid Economic Collapse
The Central Bank of Sri Lanka (CBSL) has issued a notice on cryptocurrencies reiterating its stance as the country’s economy continues to crumble. On July 12, Sri Lanka’s central bank issued a public ...
Sri Lanka’s central banks says crypto remains illegal amid economic turmoil
Amid the ongoing financial turmoil in Sri Lanka that has seen the nation run out of cash, cryptocurrencies have been fronted as a possible solution to rescue the country. However, the Central Bank of ...
Sri Lanka’s Leaders Face Mounting Pressure As Economic Crises Grows
The second major protest calling for the resignation of President Gotabaya Rajapaksa was held in … [+] Colombo, Sri Lanka on 18 March 2022. Akila Jayawardana/NurPhoto via Getty Images As the wor...
Organic Agriculture Nightmare Tanks Sri Lanka’s Economy
A tea plantation near the Nuwara Eliya plateau at an elevation of 1,900 meters. Government-forced … [+] organic farming methods have devastated the industry and the people in it. Vyacheslav Arge...