News
The crypto exchange has signed similar agreements with the governments of Kazakhstan, Dubai and Bermuda.
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Cambodia News
Cambodia is a country located on the Indochinese Peninsula in Southeast Asia. Cambodia is one of the least developed countries in Asia. However, it has one of the most rapidly growing economies in the world. Bitcoin in Cambodia is developing gradually, as the government hasn’t decided yet on the laws as they relate to blockchain and Bitcoin. Cambodian authorities have only claimed mentioned some limitations for banks and other financial establishments on trading and advertising cryptocurrency. Nevertheless, in Cambodia, the adoption of Bitcoin is becoming more and more real, as there are already local cryptocurrency exchange platforms for citizens and there are some projects being made to develop digital currencies and other related products and services — including Bitcoin mining in Cambodia.
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A runner and Bitcoin hodler from India is on a mission to travel to 40 countries in 400 days using Bitcoin only.
7433 - Interview
Under the handle "Paco De La India", the YouTuber said he planned to visit 40 countries, often using Bitcoin transactions to pay for everything he needed.
3577 - Analysis
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?
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Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier.
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But don’t call it a CBDC, says central bank reps.
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Somewhat behind schedule, Cambodia’s banks are readying themselves for a forthcoming national blockchain-based currency.
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A Singapore blockchain-based smart city project in the Cambodian capital wants to list its native token on a crypto exchange.
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The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year.
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Cambodia is the latest country to demonstrate serious pro-blockchain action.
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Assistant Governor at the National Bank of Cambodia Serey Chea said that blockchain payments will enable greater financial control and remittance efficiency.
3514 - News
A new partnership for cross-border payments and remittances will use the National Bank of Cambodia’s blockchain-based payment system.
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A Singaporean startup, Limestone Network, is using blockchain to sustain a smart neighbourhood at the heart of the Cambodian capital.
3966 - News
Oxfam wants to use smart contracts and blockchain to ensure better conditions for Cambodian rice producers.
5002 - News
Dealing in crypto without obtaining a license from relevant authorities has been declared illegal in Cambodia by the central bank.
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