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Cambodia

24 August, 2024

Cambodia’s Bakong app boosts tourism by enabling payments for 3.3M locations

The National Bank of Cambodia confirmed a commitment to setting up QR locations nationwide to streamline payments using the Bakong...

Cambodia’s central bank uses CBDC to stifle dollarization of local economy

Business

Wahid Pessarlay

13 August, 2024

Cambodia’s central bank uses CBDC to stifle dollarization of local economy

Riel payments via Bakong are up by over 50% since the launch of the offering, encouraged by several government initiatives...

Tether fuels Cambodian digital marketplace that fuels ‘pig butchering’ scams

Business

Steven Stradbrooke

11 July, 2024

Tether fuels Cambodian digital marketplace that fuels ‘pig butchering’ scams

Elliptic reported on Huione Guarantee, a digital marketplace that has become a hub for ‘pig butchering’ scams, and Tether's USDT...

Bakong’s adoption rate surges as Cambodia strikes more partnership deals

Business

Wahid Pessarlay

30 December, 2023

Bakong’s adoption rate surges as Cambodia strikes more partnership deals

Cambodia's Bakong hits an estimated 60% adoption rate as the National Bank of Cambodia expands its collaboration with global financial...

Cambodia’s Bakong goes cross-border with Alipay integration

Business

Wahid Pessarlay

25 November, 2023

Cambodia’s Bakong goes cross-border with Alipay integration

Cambodia’s blockchain-based CBDC has partnered with Alipay for cross-border transactions, enhancing trade ties with China and enabling global access for...

Cambodia rolls out unified QR code support for Bakong payment system

Business

Wahid Pessarlay

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...

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Steven Stradbrooke

13 Nov 2024

Cambodia

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