The Sri Lankan Central Bank has affirmed that there are no authorizations and approvals granted to digital currency schemes, ICOs, and cryptocurrencies. The Daily Mirror article detailed that the ‘Virtual currencies are not central bank-issued currencies.’ It is said that the possibility of using virtual currencies in unlawful activities are high due to its volatile nature.
Sri Lankan Central Bank on Virtual CurrenciesIncryptsApr 17, 20180
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May 20, 2019