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Riel

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...
Cambodia eyes blockchain payment system to reduce US dollar use
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16 May, 2020

Cambodia eyes blockchain payment system to reduce US dollar use

Cambodia intends on launching the DLT-based payment network before the end of 2020 to cut down the use of U.S....
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