Sri Lanka appoints committee to implement crypto mining and blockchain
The committee plans to propose a suitable framework for Sri Lanka after studying the regulations followed by international markets.
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The committee plans to propose a suitable framework for Sri Lanka after studying the regulations followed by international markets.
When it comes to cryptocurrency transactions, the region of Central and Southern Asia and Oceania, or CSAO, is growing rapidly.
Data shows that crypto holders are increasingly shifting to DeFi protocols and DEXs as China continues its cryptocurrency crackdown and fears of heavy-handed regulation scare US-based traders.
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments.
Financial product comparison website Finder.com has released its latest crypto report, where it evaluated adoption trends across 27 countries in Europe, Asia and the Americas.