Topic: Bitcoin banned in Sri Lanka - page 16. (Read 3223 times)
Are you sure they banned it or just gave some kind of warning? If the ban is for real, it's really sad. A moving country won't directly ban cryptocurrencies instead they will research more about it, it's use cases, future development, growth potential and the technologies involved in it.
The reason is most likely in the large volatility of the crypto currency market and its fall in the last 5 months. I give a guarantee that this law will be canceled in the next 1-2 years.
Such a sad news to hear that the main bank of Srilanka named the bank of Ceylon has banned the usage of the bitcoin but i think they will soon get their mistake.
There is a no against with bitcoin. but someone doesn't like bitcoin invest. Banks are always try to hold
money with their system. when we invest to money for crypto curries our money spend world wide.
That's a reason for banned bitcoin in your country.
money with their system. when we invest to money for crypto curries our money spend world wide.
That's a reason for banned bitcoin in your country.
As srilanka is becoming more aware of new developments in technology they have started to understand the concept and principles of this idea but I believe they are not used to the idea of bitcoin.
Just another Asian country of small economical power next to Bangladesh has banned bitcoin.On the other hand,no big economical power country has taken such an action.
protection of its sovereignty and isolation of citizens from globalization. this is a very difficult way in the current time, may in the future fences will help
So if there is a competitive relationship between the crypto-money market and the traditional banking industry, it is perfectly normal that they ban it.
However, I am more curious about the source of this news.
However, I am more curious about the source of this news.
many reason why a country banned bitcoin in their county, the main reason is because the government can't trace the bitcoin user and when they see that there are criminals that using bitocin they can;t do anything, so they will blocked the bitcoin for makes the criminals in their country reduces
I heard this news. It is very bad news for cryptocurrency. I don't know why government want ban cryptocurrency. They should accept cryptocurrency
Just another Asian country of small economical power next to Bangladesh has banned bitcoin.On the other hand,no big economical power country has taken such an action.
the big economic power country that banned bitcoin just only China till now. some other small countries keep banning bitcoin and crypto as payment that's normal and same as they don't allow people use USD as payment in their countries but people still accept it quiet
Just another Asian country of small economical power next to Bangladesh has banned bitcoin.On the other hand,no big economical power country has taken such an action.
This is not a news that will highly affect the price of bitcoins because sri lanka as a developing country is not a country with huge volume of bitcoins users.
sri lanka is a developing country, besides that crime is very high like India. technology there is not growing well, they are primitive and still hold the culture.
so, from my simple explanation, I think we know why crypto in sri lanka is banned.
so, from my simple explanation, I think we know why crypto in sri lanka is banned.
Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ?
Cryptocurrency banning news have very negative effect on the market. It's sad to hear that a country bans crypto. Hope they reconsider their decision.I think sri lanka's government scared about bitcoin that all people use bitcoin and invest and did not control people use bitcoin the government did not get a tax and government scared also bitcoin will become a main currency because of the good pricing that is mt understanding of bitcoin banned in sri lanka's.
Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ?
Cryptocurrency banning news have very negative effect on the market. It's sad to hear that a country bans crypto. Hope they reconsider their decision. Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ?
Well, at the same time The European Union has made a directive which will oblige all European countries to recognize digital currencies. Things change gast everywere and situations twist.
That's very sad to know. However, I will look after some news related to it to make sure whether the news is right or a scam.
Is the news true? Can anyone give the link of any authentic source? I cannot believe it. This is really a very sad news. Hope soon Srilanka will take over the ban.
This is a sad news for the people associated in the crypto currency market. If any country bans this coins, then this will result in a bad news for the market. Because this means that the market has lost on the opportunity of having potential investors from Sri Lanka, which is a loss for the market.
Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka.
what's about p2p trading? The government can't be banned or trace this kind of exchange. And people still can hodl it or invest i suppose Jump to: