[Bloomberg: Sri Lanka is Becoming a New Hub for Scam Networks in Asia, Cryptocurrency May Provide a Gray Market Channel for Money Laundering] According to a report by Bloomberg on June 10, Cambodia's crackdown on scam operations has led some groups to relocate to Sri Lanka's beach resorts and office buildings. Independent researcher Sanjana Hattotuwa pointed out that Sri Lanka lacks a legal framework to address cyber scam activities, and the easy access to SIM cards and widespread internet connectivity make it an ideal base for scam networks. The country's informal Undiyal remittance system may also provide a gray market channel for illicit proceeds (including cryptocurrency), allowing them to evade regulatory oversight.