Sri Lanka’s Central Bank Warns The Public Against Crypto Purchases Despite The Economic Crisis

The Central Bank of Sri Lanka has warned the public against engaging in crypto-related activities citing the lack of regulations and accompanying risks. For the third time in less than three years, the bank stated on Tuesday that it had not issued any license or authorization to any firm to operate schemes involving Bitcoin or […] дальше »

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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 “Crypto Is Illegal” Stance A public awareness notice was released by Sri Lanka’s central bank on July 12 in response to “recent […] дальше »

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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 notificaThe post Sri Lanka commits to crypto-restrictions despite economic crisis appeared first on AMBCrypto. дальше »

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Sri Lanka Keeps Crypto Illegal Despite Ongoing Economic Turbulence

Sri Lanka has issued a notice regarding the stance of cryptocurrency warning citizens against it. Amidst an economic turmoil and a political chaos, the Central Bank of Sri Lanka (CBSL) mentioned that crypto remains “largely unregulated”. дальше »

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Sri Lankan officials maintain crypto snub despite economic collapse

The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12.  It confirmed that no entities are authorized to carry out digital asset activities, warning that users have no protection should they fall victim to “various types of VC [virtual currency] schemes. дальше »

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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. дальше »

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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. дальше »

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Sri Lanka’s Crypto Regulation: Central Bank Warns of Cryptocurrency Risks, Unlicensed Exchanges

The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of bitcoin and other cryptocurrencies surge locally and globally. дальше »

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Sri Lanka’s Central Bank Issues Public Warning Against Crypto Investments

The Central Bank of Sri Lanka (CBSL), has issued a warning to the general public about the risks involved in cryptocurrency investments. CBSL Calls Crypto Investments Risky The CBSL gave the warning via a notice published on its official page on Friday (April 9, 2021). дальше »

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Sri Lanka's central bank issues warning regarding cryptocurrency risks

The Central Bank of Sri Lanka (CBSL) has warned its citizens to be wary of crypto investments. In a public notice released on 9 April 2020, the CBSL underlined a host of activities that could put the The post Sri Lanka's central bank issues warning regarding cryptocurrency risks appeared first on AMBCrypto. дальше »

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Sri Lanka’s central bank warns public against risks of crypto investment

The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad. дальше »

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Sri Lanka names firms to work on blockchain KYC system

Sri Lanka’s central bank shortlisted its choices for developers who will work on its...

The post Sri Lanka names firms to work on blockchain KYC system appeared first on Coin Journal.

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Central Bank Of Sri Lanka Launches A Proof Of Concept (PoC) Blockchain Solution for Sharing KYC

The Central Bank of Sri Lanka (CBSL) launches its KYC proof-of-concept (POC) blockchain aiming to improve shared Know-Your-Customer (KYC) services across financial institutions. According to the release, the CBSL aims at financial inclusion across Asian countries and a global scale through digital payment systems. дальше »

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Sri Lankan Central Bank to Develop Blockchain-Based POC

Sri Lanka’s central bank has begun to develop a shared Know-Your-Customer proof-of-concept (POC) based on blockchain technology. The Monetary Board of the Central Bank of Sri Lanka (CBSL) has entered into agreements with three selected applicants to develop POCs concurrently. дальше »

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Sri Lanka: Central Bank to Develop Blockchain-Based Proof-Of-Concept KYC Platform

The Monetary Board of the Central Bank of Sri Lanka (CBSL) has short-listed three software development firms to design a shared blockchain-based Proof-of-Concept (POC) Know-your-Customer (KYC) platform, D. дальше »

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Sri Lanka’s Central Bank Considering Blockchain for Shared KYC Database

In a surprising announcement, the Sri Lankan central bank has made a public appeal for developers who can help build a proof of concept blockchain for a KYC system to be used across the country’s financial institutions. дальше »

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Sri Lanka's Central Bank to use blockchain tech for KYC processes

This year, the cryptocurrency industry witnessed several countries, as well as mainstream companies, explore the prospects of blockchain technology and cryptocurrencies. Sri Lanka is the latest one toThe post Sri Lanka's Central Bank to use blockchain tech for KYC processes appeared first on AMBCrypto. дальше »

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Sri Lanka’s Central Bank Calls for Blockchain-Based KYC Proposals

Sri Lanka's Central Bank wants to use a blockchain system for local banks' "know-your-customer" protocols. дальше »

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Bitcoin Is A “Sluggish Behemoth,” Says Central Bank of Sri Lanka’s Asst. Director

Piyumi Dias, the Assistant Director at the Central Bank of Sri Lanka (CBSL) recently talked about Bitcoin and its different aspects in detail in the local newspaper, Sunday Observer. Dias acknowledges how with new technology, there comes a learning curve but asserts “it is imperative that we do not take too long to catch up […] дальше »

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Blockchain Trade Finance is Coming to Sri Lanka with Infosys Finacle and Hatton National Bank

Infosys Finacle – a subsidiary of EdgeVerve Systems – announced on March 12th, 2019 that HNB (Hatton National Bank) has chosen Finacle Trade Connect to oversee a blockchain-powered cross-border and domestic trade finance network. дальше »

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Infosys Finacle partners with Hatton National Bank for blockchain-based trade finance in Sri Lanka

CryptoNinjas Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, today announced that Hatton National Bank (HNB), a leading private sector commercial bank operating in Sri Lanka, has selected Finacle Trade Connect to enable a blockchain-based domestic and cross-border trade finance network. дальше »

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Op Ed: Bitcoin Is a Declaration of Our Monetary Independence

Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world’s first live cryptocurrency exchange, in 2013, right next to the New York Stock Exchange — as immortalized in the Netflix documentary “Banking on Bitcoin. дальше »

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Sri Lanka’s Cargills Bank to Use Ripple’s xCurrent for Cross-Border Remittances

Cargills Bank Limited Partners With Ripple For Cross-Border Remittances to Sri Lanka Ripple has been working to establish healthy partnership around the world to expand their reach, and the latest example of this effort in action is their new collaboration with Cargills Bank Limited. дальше »

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