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Sri Lanka's Central bank warns public on possible risks in crypto trade

The advisory has been put out considering the recent developments in relation to virtual currency used in the international and domestic markets as well as the inquiries related to it

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The Central Bank of Sri Lanka has put out a warning of the possible exposure to significant financial, operational, legal, and security-related risks posed by investments in virtual currencies, essentially cryptocurrencies, while asking them not to fall prey to such types of virtual schemes offered through the Internet.

The advisory has been put out considering the recent developments in relation to virtual currency used in the international and domestic markets as well as the inquiries related to it.

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