asus09
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July 14, 2018, 03:41:49 PM |
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I don't know about that. because I do not think sri lanka has a big share in the crypto market. so I do not think there will be a big effect that can shake the bitcoin. especially for now there is good news from some countries that make bitcoin more acceptable
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GideonGono
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July 14, 2018, 04:29:29 PM |
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I'm not aware on banning bitcoin on sri lanka i think it's more of an theory , and on the other hand based on my research government of sri lanka has implementing regulation on bitcoin , and also i have a link which i think can help to expand our perspective regards on this case. Link: http://www.economynext.com/Sri_Lanka_s_central_bank_fires_salvo_against_cryptocurrencies-3-10382-1.html
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adpinbr
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July 14, 2018, 04:51:22 PM |
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Well if BTC ever gets banned in Sri Lanka then it'll be painful for the people there who have made investments and vested their life onto BITCOIN, not yet true ans let us not wish for it to happen because it can also be a big loss as well for the economy. Probably if Sri Lanka gets banned it can be an effect, though it is nor big but it will still affect the market.
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yigga
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July 14, 2018, 05:27:56 PM |
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I think you misunderstand, There is no ban in Sri Lanka (Yet ) Only warning for ICO invest, The central bank of SriLanka just put some warning for Investing on Crypto currency but still there is no legal action
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AntiMage007
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July 14, 2018, 05:33:31 PM |
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) yes I know and I heard the country of Sri Lanka does not ban the bitcoin they just warn. and that warning is not a ban, it's so much different. do not make matters worse with this bad news, you are too big an issue Yes, There is no Ban, only warn for ICO invest and no other things happened, Most of are always spread rumors, I think every one should follow the official news otherwise most of are going to step back ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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buwaytress
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July 14, 2018, 05:39:58 PM |
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I generally thought the Sri Lankan government would try to do anything opposite of what its Indian neighbours do, but I suppose their central banks in South Asia are more aligned. Bangladesh and Pakistan suggest the same and even in Maldives I'm hearing Bitcoin is having a bit of a growing discussion leaning towards conservative approaches.
The good thing for me here is that everyone will start learning to do p2p, learning how to use Bitcoin on their own. That can't be bad, right?
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papa-tata
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July 14, 2018, 05:44:27 PM |
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again and again, cryptocurrency banned. this is not a good news to hear. there must be an important reason for limiting crypto activity. this is sad when this community builds the cryptocurrency glory there are countries that do not agree with its existence. Hopefully this is just a temporary ban.
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Sergio444
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July 14, 2018, 05:46:40 PM |
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Its no a surprise to hear banning of crypto in some countries. This a s been going on for months and years now. We just have to find a way to make people understand crypto else they will continue to have bad perceptions about the dealings in crypto. As for the banks, I think crypto is becoming a threat to their profit gains and their poor centralized systems
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Zentor
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July 14, 2018, 05:56:18 PM |
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Sometimes different countries ban bitcoin or all cryptocurrencies. It is okay, they just don`t know, how to regulate this sphere and receive correct amount of taxes
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Kwansimaa
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July 14, 2018, 06:23:34 PM |
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Well that is really sad as most countries are now embracing the concept of bitcoin as a mode of payment but i am with high hopes that they will reverse their ban just as Facebook reversed its ban some weeks ago.
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spadormie
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July 14, 2018, 06:27:55 PM |
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Are you sure that Sri Lanka's Bank of Ceylon banned bitcoin? I'm looking for an article that has this news but the results are poor. This is one of their latest statement: April 16,2018. Public Awareness on Virtual Currencies in Sri LankaThey are giving warning to their people but there's no ban. So there's no ban and about this topic, the statement was it was banned but it's not. This topic should be dumped. And look at the date the news was posted, April 16, 2018. All I think it's just a regulation in bitcoin.
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robertcross07
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July 14, 2018, 08:12:31 PM |
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This is a bad news for the whole industry. Sri Lanka is a highly educated country. I believe that their Govt. will rethink and understand its importance soon. Thus it might be accepted there.
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freetokens
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July 14, 2018, 08:41:11 PM |
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Most of the Asian country are going against bitcoin first it started with India and next Pakistan Bangladesh and Nepal and now Sri Lanka all the are framing anti cryptocurrency stand
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mekie
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July 14, 2018, 09:28:51 PM |
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Many stories that get circulated as bans are in fact just government warnings of the risks involved with crypto, just as they do about other investments. Look on their governments web sites for real info and not listen to hearsay.
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cizatext
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July 14, 2018, 09:35:52 PM |
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Well I don't have any confirmation on this news but the truth still remains that most banks and government are against bitcoin due to it ability to remain decentralized and not control by any financial institutions, bitcoin is seen by most financial institutions e.g the bank as a threat to they existence so the bank will constantly look for means to discredit bitcoin.
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tombola_official
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July 14, 2018, 10:01:01 PM |
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Really?
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Daffadile
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July 14, 2018, 10:05:07 PM |
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? yes I know and I heard the country of Sri Lanka does not ban the bitcoin they just warn. and that warning is not a ban, it's so much different. do not make matters worse with this bad news, you are too big an issue It is because people cannot read. Thy just sensationalise thing and act like idiots. Look at the times bitcoin dropped just based on what some idiot like Morgan said. I mean who cares. So many btc holders are pussies. HODL or get out. There is no need to ever sell your btc. You spend them hello>>> not hard to understand. Some countries feel real threat from crypto and they hate crypto because they can't control it.
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Crypbull
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July 15, 2018, 02:52:32 AM |
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As I know no any official announcement about cryptocurrency ban in Srilanka , This is a warn and it makes the 3 months before and Still not get any action, Don't worry Keep your works, It will not a big issue ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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nazarovv
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July 18, 2018, 11:52:20 AM |
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Countries like these should you really look at the superpowers if they have banned bitcoin. and those big countries did not even do that. I am also wondering why this would have happen, if it ever did happen,
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jojohamasa
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July 18, 2018, 12:12:50 PM |
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The truth of the story must be analyzed in several ways The economy of the country and the size of the currency trade And many other factors Most of the countries that banned BTC have a weak economy Just a note
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