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Operations of two crypto-currency exchanges in Colombo Port City

Port City Commission approval obtained

by Gayan Abeykoon
October 27, 2023 1:11 am 0 comment

The Port City Commission informed the Committee on Public Finance (COPF) that it has approved the operations of two crypto-currency exchanges in the Colombo Port City.

Accordingly, the COPF has recommended that the opinion of the Central Bank to be taken in this regard.

Meanwhile, the orders made under the Colombo Port City Economic Commission Act No. 11 of 2021 published under the Gazette Notice Notification. 2339/31 were approved by the Committee on Public Finance.

It was also recommended that the opinion of the Attorney General be sought within four weeks regarding the contracting of business companies that are active in the Port City.

The COPF met in Parliament recently under the Chairmanship of MP Dr. Harsha de Silva.

Irangika Range

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