Bitcoin Is Now World’s 8th Most Valuable Asset
The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market…
After China’s cryptocurrency crackdown, Hydro-power rich Laos invites Bitcoin miners
By Richard S. Ehrlich (originally appeared on the Scoop Citizen Community) After China’s recent cryptocurrency crackdown, impoverished Laos is now allowing Bitcoin mining, fueled by abundant hydroelectric power from the…
GemPay becomes Sri Lanka’s First Bitcoin and Cryptocurrency Merchant Payment Gateway and Processor
GemVault Fintech (PVT) Ltd. recently launched GemPay in Sri Lanka to facilitate merchants to accept Bitcoin and another cryptocurrency as a method of payment for their online stores and retail…
Central Bank of Sri Lanka Says no change in its stance on cryptocurrencies
The Central Bank of Sri Lanka (CBSL), Governor, Ajith Nivard Cabraal asserted that there has been no change in the Central Bank’s stance on cryptocurrencies amidst possible measures hinted by…
Sri Lanka’s Central Bank to launch “SL-Remit” mobile app to discourage forex earning transfer through informal channels
As Workers’ remittances inflows continued to tumble for the past three months, the Central Bank of Sri Lanka (CBSL) has decided to “SL-Remit” mobile application with the assistance of key…
Sri Lanka’s government looks to develop a forward-thinking policy on Blockchain technology and cryptocurrencies
Sri Lanka’s government looks to develop a forward-thinking policy for Blockchain technology including cryptocurrencies in an attempt to digitalize the economy and to attract investments. “Sri Lanka is taking a…
Huawei’s first flagship standalone monitor Huawei MateView to be launched soon in Sri Lanka
Huawei, the global smartphone brand marks its entrance to the flagship monitor segment with the launch of Huawei MateView, Huawei’s first ever flagship standalone monitor. The all-new Huawei MateView is…
Pakistan-based Start-up QisstPay raises $15 million, eyes Sri Lanka and Bangladesh markets
QisstPay, a shop-now, pay later start-up based in Pakistan, has raised $15 million in funds as it plans to expand to other South Asian nations within the next six months. MSA…
Ukraine joins the comity of crypto-friendly nations with new regulation
The legal status of cryptocurrencies remains a mixed bag of regulatory positions, depending on the jurisdiction being considered. While some countries move toward blanket prohibitions or stringent regulations, others elect…
PickMe Nominated for the award of Best Agile Transformation at this year’s World Agility Forum
Sri Lanka’s leading ride hailer app, PickMe has been nominated for the award of Best Agile Transformation at this year’s World Agility Forum. Pickme is also the only Sri Lankan…