SriLanka, Nov. 8 -- Central Bank Governor Dr. Nandalal Weerasinghe said the Government and the Central Bank are prepared to protect Sri Lankans against cryptocurrency-related fraud, including incidents of global proportions.

Following the recent theft of more than USD6.3 billion in digital assets from Binance, the world's largest cryptocurrency exchange, concerns over the security of crypto assets have intensified worldwide. However, the Governor said the necessary legal framework is being developed to address such risks and prevent similar incidents taking place in Sri Lanka.

Speaking at the Sri Lanka FinTech Festival 2026 in Colombo, Dr. Weerasinghe said: "Whatever fraud takes place in the world, we are prepared to protect the people ...