COPA committee approves two cryptocurrency hubs in port city

The Port City Commission has informed the Parliamentary Committee on Government Finance that it has given permission to operate two cryptocurrency exchange centers in the port city of Colombo.

When the Finance Committee met recently, the officials of the City Commission informed this. The Finance Committee had recommended to ask the Central Bank’s opinion about it.

It is reported that the Government Finance Committee has also approved the orders made under the Colombo Port City Economic Commission Act and it has also recommended that the opinion of the Attorney General be given to the committee within 4 weeks regarding the contracting of business companies that are active.

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