Regulatory Harmonization to Drive Crypto Adoption
By Leon Foong, Head of APAC, Binance The events in 2022 served to remind us of the importance of regulatory compliance when it comes to protecting users and maximizing user…
FinTech App Penetration in SEA to reach 84% in 2023
Fintech apps have increased their rate of penetration in Southeast Asia by 3.3 times over the last five years. In 2023, it is to grow by another 2 p.p. ,…
Binance’s Predictions for the Year 2023, the Year of the Rabbit
The year 2023 is the year of the Rabbit according to the Chinese Zodiac Calendar. The rabbit is known to be the harbinger of good luck and fortune, so there’s…
Sri Lanka’s oldest NBFI – Alliance Finance delivers a robust performance despite challenging economic conditions
Alliance Finance Company PLC ( AFC), the First Company in South Asia to achieve the prestigious endorsement of “a holistic sustainability certified value driven financial institution” concluded the first quarter…
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 million…
Orient Finance rises above challenges to deliver strong results
Posting a steady performance, Orient Finance PLC, a member of the Janashakthi Group and a leading financial service provider, recorded a 27% increase in the company’s turnover with LKR 809.8…
Sri Lanka’s Central Bank Says no Change in its Cryptocurrency Policy
The Central Bank of Sri Lanka (CBSL) announced that Virtual Currencies including Blockchain-based Cryptocurrencies will remain unregulated in Sri Lanka with no regulatory oversight or safeguards relating to their usage…
Bitcoin Enters The Debate Before The Bankruptcy Declared In Sri Lanka
The presidential residence of the Asian country Sri Lanka was taken on July 9 by a massive number of inhabitants protesting the national bankruptcy announced this week. The situation has…
The SORA community invites Sri Lanka to adopt XOR token as legal tender
The SORA community has sent an open letter to the people of Sri Lanka to use the SORA (XOR) token as a legal tender. Currently, Sri Lanka is going through…
News Publisher becomes first Corporate Communications agency in Sri Lanka to accept crypto-currency
News Publisher, a modern era Corporate Communications Agency, driven by innovative technology solutions in communications and media recently announced the availability of the option for customers to now pay via…