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Special attention on cryptocurrency promoters!

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The Financial Intelligence Unit of the Central Bank of Sri Lanka is paying special attention to people who promote cryptocurrency as a profitable investment method and people who exchange foreign currency through informal methods such as Undiyal and Hawala, it was reported.

According to Order No. 03 of 2021 issued under the Foreign Exchange Act No. 12 of 2017, Electronic Fund Transfer Cards such as Debit Cards and Credit Cards are not allowed to be used for payments related to cryptocurrency transactions. However, it was reported that cryptocurrency promoters have disregarded this order.

The relevant orders have been issued since cryptocurrency operates through informal means, and that it does not contribute to the national economy and it can also cause the country to lose a substantial amount of foreign currency.

The Central Bank of Sri Lanka through press releases issued in 2018, 2021 and 2022 has already emphasized the significant financial, operational, legal and security risks as well as consumer protection issues that users may face when using cryptocurrencies.

For those who do not have a crypto mining machine, it is mandatory to use electronic fund transfer cards such as debit cards or credit cards to receive crypto money.

An average crypto mining machine is said to cost between US$600 and US$20,000.

Meanwhile, ‘Sri Lanka Mirror’ paid attention to several people who promote cryptocurrency through the internet.

Some posts that promote cryptocurrencies on Facebook are shown below:

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Vesak week commences tomorrow

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The National Vesak Week will commence tomorrow (May 09), under this year’s theme of “Let’s associate with noble people with good qualities.”

According to the secretary to the Ministry of Buddha Sasana, Religious and Cultural Affairs, W.P. Senadheera said that it will continue until May 16.

The official inauguration ceremony will take place tomorrow at the Nuwara Eliya Buddhist Center, under the patronage of President Anura Kumara Dissanayake.

Sri Lanka Railways has announced special train services during the Vesak week and the long weekend.

Meanhwile, the Ministry of Public Administration has ordered the closure of slaughterhouses, meat vendors, casinos, and clubs nationwide from May 12 – 14 May for the state Vesak Festival. 

A circular issued on April 29 instructs all relevant businesses to comply during the period.

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79 shooting incidents in last 7 months

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79 shooting incidents have been taken place in Sri Lanka over the past 07 months, resulting in 52 deaths and 260 arrests, Public Security Minister Ananda Wijepala told Parliament today (May 09).

The shootings had occurred in the 07 months from September 21, 2024 until May 08, 2025. 

According to the minister, the shootings had left 35 injured as well.

62 of the incidents were linked to organized criminal gangs, while 17 were classified as other types of shootings, he added.

Of the 260 arrested, 229 were connected directly to organized crime, the minister further noted.

Minister Wijepala said the government has taken high-level decisions in this regard, and that it is unacceptable to claim that there has been a serious increase in shootings since the NPP government came to power.

“When we study these shootings, we will not see a significant increase from 2022, 2023, or 2024. But we do not trivialise any shooting. We treat every human life with value. Therefore, we have taken the highest decisions we can take as a government to suppress the underworld,” he emphasised.

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Teacher accused of molesting Kotahena schoolgirl sent on compulsory leave

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The Ministry of Education says that the teacher allegedly involved in the incident of molesting the schoolgirl from Kotahena has been sent on compulsory leave after receiving a police ‘B report’. 

The Secretary to the Education Ministry, Nalaka Kaluwewa, states that steps have also been taken to hold an internal inquiry into the incident.

Accordingly, the teacher involved in the incident will be placed on compulsory leave in accordance with Section 27:9 of Chapter XLVIII, Part II of the Establishments Code.

The Ministry also states that a preliminary investigation into the incident is currently underway, and that formal disciplinary action will be taken as soon as the report is received.

Furthermore, the Ministry has launched an internal investigation to determine whether any parties neglected their duties and responsibilities in connection with the entire incident.

On May 08, a group of parents and students staged a protest opposite the school in Bambalapitiya alleging that a teacher had sexually assaulted the student, which led to the girl’s death by suicide.

In this regard, the Ministry of Education had called for an explanation from the school’s principal.

In a previous statement, the Ministry had said that the teacher in question was transferred, and disciplinary action will be taken based on the investigations conducted by the police.

On the same day, Minister of Women and Child Affairs, Saroja Savithri Paulraj, stated that she had requested the parents of the Grade 10 student—who reportedly died by suicide following the alleged sexual assault by a teacher—to file a formal complaint with the National Child Protection Authority (NCPA). However, she noted that the complaint had not been filed as of yet.

The Minister’s comments came in response to allegations made by MP Mano Ganesan, who questioned whether government action had been delayed because the owner of the tuition center—where the student was allegedly verbally abused again after the incident—is affiliated with the National People’s Power (NPP).

(adaderana.lk)

(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)

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