Cambodia

US Treasury sanctions Cambodian pig butchering kingpin
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27 April, 2026

US Treasury sanctions Cambodian pig butchering kingpin

U.S. Treasury sanctions Cambodian Senator Kok An and 28 others over a pig-butchering crypto scam that reportedly stole billions from...
Cambodia approves draft rules for digital asset businesses
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6 January, 2026

Cambodia approves draft rules for digital asset businesses

Cambodia’s FSA Council has approved a draft digital asset regulation to establish clear rules and protect investors in the country’s...
Cambodia’s Bakong blockchain payments record 3x spike in GDP
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25 March, 2025

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
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22 January, 2025

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
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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
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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...