Sri Lanka's central bank issued a warning about crypto as the country faces a severe economic and political crisis. cryptocurrency bitcoin
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 authorization to any entity or company to operate schemes” involving cryptocurrencies.The Central Bank of Sri Lanka published a notice about cryptocurrency Tuesday titled “Public Awareness in Relation to the Use of Virtual Currencies in Sri Lanka.
CBSL has not given any license or authorization to any entity or company to operate schemes involving VCs, including cryptocurrencies. Furthermore, the Central Bank of Sri Lanka warns that “Electronic Fund Transfer Cards such as debit cards and credit cards are not permitted to be used for payments related to virtual currency transactions.” The notice continues:
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