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CATEGORY: sri lanka

Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 06, 2023 05:50

Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto

Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The central bank reminded the public that “cryptocurrencies are unregulated investment instruments which are not recognized as an asset class in Sri Lanka.” Sri Lanka’s Crypto Warning The Central Bank of Sri Lanka (CBSL) issued a [...]

The post Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto appeared first on Crypto Breaking News.

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India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 03, 2023 02:10

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for [...]

The post India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar appeared first on Crypto Breaking News.

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