
Cambodia
Cambodia’s Bakong blockchain payments record 3x spike in GDP
Launched in 2019, the blockchain payment system has gained steady traction in Cambodia’s financial system, making up 330% of the...
Cambodia advances blockchain framework; Guangzhou boosts CBDC adoption
Elsewhere, the city of Guangzhou in China has launched a new drive to expand digital yuan payments, including in public...
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
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
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
Cambodia's Bakong hits an estimated 60% adoption rate as the National Bank of Cambodia expands its collaboration with global financial...