Despite repeated attempts to stamp out the crypto-crime-linked Huione, Chainalysis says there’s been no meaningful decline in transactions.
Cambodia News
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Five members of an international crypto scam ring are accused of stealing nearly $37 million from American victims and sending the funds to Cambodia.
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The US Treasury has proposed cutting the Huione Group's access to the US banking system, accusing it of being involved in laundering crypto.
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The Swiss-based backer of the Internet Computer Protocol will provide training and entrepreneurial support as well as decentralized computing.
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The Cambodian central bank’s Soramitsu-backed digital payment system is continuing to expand.
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Over $35 million in funds from a May cryptocurrency exchange hack have reportedly been moved to the online marketplace Huione Guarantee this month.
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The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.
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While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.
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The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope.
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The crypto exchange has signed similar agreements with the governments of Kazakhstan, Dubai and Bermuda.
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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.
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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.
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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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