Billionaire investor Tim Draper recently took a trip to Sri Lanka to promote bitcoin to the nation’s central bank only to be kicked out unceremoniously. Tim Draper Tries to Bring BTC to Sri Lanka Whil...
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Sri Lanka Shoot Down BTC Pitch by Tim Draper
Billionaire investor and Bitcoin evangelist Tim Draper visited the Central Bank of Sri Lanka to promote Bitcoin as a solution to combat corruption. Despite Draper’s efforts, Governor Nandalal Weerasin...
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 legal tender to fight against the corruption that contributed to hyperinflation in the i...
Sri Lanka Rejects Billionaire Tim Draper’s Proposal of Bitcoin Adoption
37 mins ago | 2 mins read Bitcoin News Tim Draper sought to persuade the government and central bank to accept bitcoin. Sri Lanka’s GDP shrank by 8% in 2022 and its benchmark inflation rate was 54.2% ...
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, the governor of the Central Bank of Sri Lanka rejected ...
Sri Lanka Central Bank Says Bitcoin Cannot Solve Economic Crisis
Billionaire investor Tim Draper got a more challenging reception than he anticipated when proposing Sri Lanka, a bankrupt nation, to Bitcoin. Draper was in Sri Lanka on Tuesday, talking with local ent...
Sri Lanka Dismisses Tim Draper’s Idea to Combat Corruption With Bitcoin
Nandalal Weerasinghe – Governor of the Central Bank of Sri Lanka – rejected Tim Draper’s idea to eliminate corruption in the country by embracing bitcoin. The banker argued that adopting the primary c...
Billionaire pitches Bitcoin to Sri Lanka, gets snubbed
Billionaire investor Tim Draper recently pitched Bitcoin adoption to Sri Lankan officials. The pitch was shot down by the Governor of the Central Bank. Pro-crypto investor Tim Draper’s recent trip to ...
Tim Draper asks Sri Lanka if it has ‘the guts’ to adopt bitcoin
Venture capitalist Tim Draper has built a name for himself as the boy who cried bitcoin. In 2018, he predicted bitcoin would reach $250,000 by the end of 2022. Now, he’s “100% sure” it’ll reach that v...
Sri Lanka’s central bank rejects cryptocurrency push from Tim Draper – Cryptopolitan
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...
Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis
Tim Draper’s attempt to bring Bitcoin to Sri Lanka was firmly rejected by the country’s President Ranil Wickremesinghe, according to Bloomberg News. Despite President Wickremesinghe declaring the coun...
Sri Lanka rejects billionaire Tim Draper’s Bitcoin pitch to tackle corruption
Tim Draper, a prominent cryptocurrency advocate, and billionaire investor faced unexpected resistance during his recent visit to Sri Lanka. The Silicon Valley entrepreneur was in the country to film a...
World’s first Cardano-based electric vehicle project to debut in Sri Lanka
As the blockchain and cryptocurrency industry continues to expand despite crashing markets, manufacturers of electric vehicles (EVs) are increasingly interested, and one of them has announced the debu...
World’s First Cardano-based Automotive Project to Launch in Sri Lanka
– Advertisement – The project aims to address concerns surrounding the use of electric vehicles while concurrently promoting climate action. eTukTuk, the world’s first Cardano-based automo...
Namibia’s Stunning Upset Over Sri Lanka Makes A Mockery Of Cricket’s T20 World Cup Format
JJ Smit (R) starred in Namibia’s upset over Sri Lanka (Photo by MARTIN KEEP/AFP via Getty Images) AFP via Getty Images It took just one match to make a mockery of the T20 World Cup format. In th...
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...
Pakistan’s Ex-Prime Minister Imran Khan Hit With Terrorism Charges As He Warns Of Sri Lanka-Style Revolution
Topline Former Pakistan Prime Minister Imran Khan was hit with terrorism charges, police officials in Islamabad announced on Monday, in a move that is likely to worsen the already volatile political s...
Sri Lanka Tells Its Citizens to Avoid Crypto
The nation of Sri Lanka is warning citizens and telling them to avoid using or trading digital currencies whenever possible. Sri Lanka Appears to Be Very Anti-Crypto The warning comes at a moment when...
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 Lankans Scammed out of Millions by Fake Crypto Schemes
Ponzi scammers are compounding the economic misery of Sri Lankans by swindling them out of their savings with bogus crypto schemes. Crypto investor Harshana Pathirana told Al Jazeera: “I invested 2.2 ...
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...
The Central Bank of Sri Lanka Warned Citizens Against Crypto Transactions
Bitcoin News Protesters broke into the property of Sri Lanka’s former prime minister earlier this week. Virtual currency use in the foreign and local markets are included in the notification. This wee...
What Crypto Warnings Central Bank of Sri Lanka Issued Amid Political Tremble?
On Tuesday, 12th July, The Central Bank of Sri Lanka (CBSL) went on to publish a notice. CBSL notice titled as Public Awareness in Relation to the Use of Virtual Currencies in Sri Lanka – outlin...
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 cautions against use of crypto amid economic crisis –
Sri Lanka has cautioned its residents against utilizing cryptographic money It said is to a great extent unregulated in the midst of a continuous political disorder in the South Asian country The adm...
Sri Lanka commits to crypto-restrictions despite economic crisis
Due to a lack of regulatory oversight at a time of economic and political upheaval, the Central Bank of Sri Lanka, or CBSL, has advised the public against purchasing cryptocurrencies. In a notificatio...
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...