Post by: newshunter on October 30, 2021, 07:00:26 AM
Sri Lanka’s recent economic uncertainty seems to be the driving force behind its interest in cryptocurrency and the government's new exploration into KYC technology.
Source: Central Bank of Sri Lanka completes proof-of-concept KYC platform (https://cointelegraph.com/news/central-bank-of-sri-lanka-completes-proof-of-concept-kyc-platform)
Would appreciate your opinion about this
Post by: TomPluz on October 30, 2021, 09:01:19 AM
Countries who right now fail to appreciate the importance of cryptocurrency will one day be wondering where have they been all these years. Not seeing the big opportunity brought about by this new technology can be a big mistake and can be a big blessing to those who so, just like El Salvador. Now, it would be helpful for Sri Lanka if they can start exploring how they can insert themselves into this new financial movement so they can gain a lot being a pioneer. Let's hope they will not listen much to negative thinking economist because they belong to the past and not into the future.