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Sri Lanka

India backs Sri Lanka’s tech modernization under new deal
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9 April, 2025

India backs Sri Lanka’s tech modernization under new deal

Sri Lanka will accelerate its digitalization initiatives and modernize its services with guidance and active support from India as assured...
Sri Lanka to fund $10M for digital transformation in 2025
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4 March, 2025

Sri Lanka to fund $10M for digital transformation in 2025

The $10 million investment in next-gen technologies aims to improve productivity and efficiency in key sectors of the Sri Lankan...
Sri Lanka’s central bank mulls CBDC launch before end of 2024
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29 January, 2024

Sri Lanka’s central bank mulls CBDC launch before end of 2024

To revitalize the financial sector, the Sri Lankan central bank pushes for the development of an accessible payment solution and...
Sri Lanka: Sports Chain execs face criminal charges over alleged pyramiding scheme
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12 April, 2023

Sri Lanka: Sports Chain execs face criminal charges over alleged pyramiding scheme

The walls are caving in for the executives of Sri Lankan investment platform Sports Chain as authorities fight to have...
Sri Lanka central bank warns against digital assets investments amidst political unrest
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17 July, 2022

Sri Lanka central bank warns against digital assets investments amidst political unrest

The Central Bank of Sri Lanka said citizens could invest in virtual currencies but at their own risk since the...
Sri Lanka central bank completes blockchain-based KYC proof of concept
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5 November, 2021

Sri Lanka central bank completes blockchain-based KYC proof of concept

The Know-Your-Customer proof-of-concept project started in July 2019, while the development and testing of the experimental platform were completed on...
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