Sri Lanka's e-commerce platform Kapruka introduces crypto payments-

Sri Lanka's leading online retailer Kapruka has presented plans for the introduction of support for payments in cryptocurrency. The news comes when the South Asian country intensifies its efforts to adopt laws that are tailored to the regulation of its blockchain space and attract investments from the crypto industry.

Kapruka introduces payments in cryptocurrency within a few weeks

kapruka ( kapruka.com ), a large e-commerce platform in Sri Lanka, has announced her intention to accept payments in cryptocurrency. This was announced this week on Twitter this week. Cited by the Srilankische daily newspaper Daily Mirror, the manager said:

Kapruka plans to accept crypto payments within the next few weeks.

founded in 2005 by the Srilankian entrepreneur and web technology specialist, Kapruka has established herself as Sri Lanka's largest retailer on the Internet over the years. In addition to its core business, it also ventured into cross-border e-com exports and delivery on the last mile, including payment solutions and B2B back services.

Kapruka is now on the way to becoming the second Srilankic company that offers its customers a payment option in cryptocurrency. The first local company that has taken the path of the crypto adoption was mtb.lk organized the mountain bike tours and vacation. MTB.LK dared to take the step in September and now accept coins for his services.

In the meantime, the government in Sri Lanka is preparing to regulate crypto -related activities and attract investments from the industry. A committee Experts from public and private institutions were recently set up to one To create a report on the legal files and regulations that are necessary to facilitate the development of sectors digital banking, blockchain technology and cryptocurrency mining in the country.

The Minister of State for Digital Technology and Corporate Development, Namal Rajapakse, is a key figure behind the move because he has obtained the necessary approval of the cabinet to put together a team of experts. Rajapakse, which also coordinates youth, sports and development projects in Sri Lanka, has recently announced a plan to set up a cryptocurrency exchange in Colombo Port City, Sri Lanka's special economy and international financial center.

Kaprukas announcement of the upcoming introduction of crypto payments on its platform, since the country's crypto room has not yet been regulated. Until recently, the tax authorities had a reserved attitude towards cryptocurrencies, with the central bank of Sri Lanka a warning early this year for the risks associated with crypto investments.

Do you expect more Srilankic companies to accept cryptocurrencies because the government regulates the industry? Tell us in the comment area below.

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