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16/03/2026

Dear Community,

Just a quick FYI regarding the recent court observations about funds potentially leaving Sri Lanka through cryptocurrency channels.

Following the news, we have personally reached out to major global exchanges including Binance, Bybit, KuCoin, and Bitget to make them aware of the concerns raised locally and the broader regulatory context in Sri Lanka.

Media reference:
https://www.dailymirror.lk/breaking-news/Court-warns-funds-leaving-Sri-Lanka-through-Cryptocurrency/108-335172

Related coverage:
https://www.facebook.com/reel/2207007090140344

As an update, Binance has acknowledged the matter and issued a public announcement:
https://www.binance.com/si-LK/support/announcement/detail/e8dbebe03ba643fa92fbfd14a1e90669

We wanted to keep the community informed since this relates to ongoing discussions around crypto usage, regulatory awareness, and responsible ecosystem development in Sri Lanka.

If there are any further updates or developments, we will continue to share them with the community.

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http://ceylabs.io/, http://pay.ceylon.cash/apply

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Bauddhaloka Mawatha
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