I'm not suprised if there are several countries banning bitcoin. because bitcoin itself is not a local product from their country, of course they also protect their economy from the dominance of the crypto currency
Well this is not a good news for all of those people in sri lanka who really wants to invest in crypto, banning bitcoin in other countried is really bad news for many people who also wants to be very profitable in cryptocurrency, hoping in the next few years sri lanka will make bitcoin legal.
Actually, they have not banned bitcoin, they just released a memo concerning the safety of investors and business that uses cryptocurrencies.