“Therefore, it is timely for central banks to consider
recognizing the virtual currencies in their payment and
settlement infrastructure, as they are evolving faster than
expected from the concept stage. In addition, it is more
essential to initiate action to introduce new legislations
and a regulatory framework, if it is deemed necessary,
in order to keep up the pace with the developed and
developing nations in creating more economical and
efficient payment systems in the future..” Central Bank
Central Bank of Sri Lanka
The central bank runs monetary policy.
The national currency is the Sri Lankan Rupee.
The central bank considered CBDCs but there is no firm action being taken.