Latest Bakong News

Business 13 July 2022

Cambodia rolls out unified QR code support for Bakong payment system

The feature allows merchants to accept mobile payments from any payment service provider using a QR code supported by the National Bank of Cambodia's blockchain-based peer-to-peer payments system.

Business 13 August 2021

Cambodia heads digital in bid to shake US dollar reliance

Cambodia is only the second country anywhere in the world to have launched a central bank digital currency, with its Bakong currency going live in October 2020.

Business 2 August 2020

Cambodia awaits digital currency rollout

Bakong is in testing since July and is expected to be up and running by the end of the quarter, according to a central bank official.