Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes as the South Asian country intensifies efforts to adopt legislation tailored to regulate its blockchain space and attract investments from the crypto industry.

Kapruka to Launch Cryptocurrency Payments Within Weeks

Kapruka (Kapruka.com), a major e-commerce platform in Sri Lanka, has revealed its intention to start accepting payments in cryptocurrency quite soon. Kapruka’s founder and Chairman Dulith Herath made the announcement on Twitter this week. Quoted by the Sri Lankan Daily Mirror newspaper, the executive stated:

Kapruka plans to accept crypto payments within the next couple of weeks.

Founded in 2005 by the Sri Lankan entrepreneur and web-technology specialist, Kapruka has established itself through the years as Sri Lanka’s largest retailer on the internet. Besides its core business, it has also ventured into cross-border e-com exports and last-mile delivery among other areas,…

Click to continue reading on its source location…

Source: https://news.bitcoin.com/sri-lankas-e-commerce-platform-kapruka-to-introduce-crypto-payments/