National Bank of Cambodia
Jan 30, 2020
Cambodia's central bank digital currency platform has the support of 11 national banks and will be used initially for domestic payments once launched at some point during the first fiscal quarter of this year.
Buying, selling, trading and settlement of cryptocurrencies is now illegal without a license, according to a statement from Cambodian authorities.
Cambodia's central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong.