New Crypto Watchdog Faces Innovation Risks and Regulatory Burden
Source: Lanka News
Category: General
Region: Sri Lanka
Published: July 30, 2026 at 05:20
π Summary
Sri Lankaβs decision to appoint the Securities and Exchange Commission (SEC) as the countryβs 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 Cabinetβs approval lies a broader [β¦] The post New Crypto Watchdog Faces Innovation Risks and Regulatory Burden appeared first on Lankanews.lk .