---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "south_asia", "apg", "restricted"]
aliases: ["LK", "LKA", "ශ්‍රී ලංකා"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--sri-lanka]]"]
sources:
  - name: "https://www.cbsl.gov.lk"
    url: "https://www.cbsl.gov.lk"
    type: "official"
---

#  Sri Lanka (LK) — Crypto Regulation

> Cryptocurrency is restricted in Sri Lanka with no explicit ban but no formal regulatory framework. The Central Bank of Sri Lanka has issued warnings against crypto activities.

## Overview

| Field | Value |
|-------|-------|
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Enforcement Level | Low |
| Region | [[domain--asia-pacific|south asia]] |
| Currency | [[entity--lkr|LKR]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 10% CGT on gains (general) |
| Capital Gains (Corporate) | 30% CIT |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | Unclear |
| Airdrop Tax | Unclear |

No crypto-specific tax guidance available.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--cbsl|CBSL]] |
| Framework | CBSL has warned against crypto but not explicitly banned; no regulatory framework |
| Ease | very_complex |
| Cost | N/A |
| Timeline | N/A months |

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |

## DeFi

**Status:** unregulated

## Stablecoins

**Status:** unregulated

## NFTs

**Status:** unregulated

## Mining

| Field | Value |
|-------|-------|
| Legal | No |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 20% |
| Climate | tropical |
| Infrastructure | fair |

Mining is restricted; no formal regulatory framework exists. Electricity cost is relatively high, and infrastructure is moderate.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 38/100 |
| Ease of Business | moderate |
| Internet Freedom | partly_free |
| Banking Access | restricted |

## Enforcement

No detailed enforcement information available

## CBDC Status: research

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [https://www.cbsl.gov.lk](https://www.cbsl.gov.lk)