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New Crypto Watchdog Faces Innovation Risks and Regulatory Burden

Source: Lanka News
Category: General
Region: Sri Lanka
Published: July 30, 2026 at 05:20

πŸ“ Summary

Sri Lanka’s decision to appoint the Securities and Exchange Commission (SEC) as the country’s official regulator for cryptocurrencies and Virtual Asset Service Providers (VASPs) may satisfy international compliance expectations, but it also exposes the regulator to one of the most complex financial sectors ever brought under its authority. Behind the Cabinet’s approval lies a broader […] The post New Crypto Watchdog Faces Innovation Risks and Regulatory Burden appeared first on Lankanews.lk .

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crypto watchdog faces innovation risks regulatory burden regulator lanka decision

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