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dollarization

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...
Argentina’s CBDC project hangs in balance as nation prepares for presidential polls
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8 October, 2023

Argentina’s CBDC project hangs in balance as nation prepares for presidential polls

The upcoming presidential elections will not only be historical for the future of Argentina but will also be pivotal in...
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