Cambodia Bars Using and Trading of Crypto
In Asia, the Cambodian Ministry of Finance and Economics announced on Wednesday that no-issuance and circulation of cryptocurrencies would be allowed in the country. The agency, which is responsible for the…
Cambodia Unveils A New Bank-Issued Cryptocurrency Called Bakong
Cambodia is another country that is heavily reliant on the U.S. dollar. Tired of its dependence on USD, the country has launched a centralized, bank-issued cryptocurrency, hoping that people will…
Bahamas Ranks First As The Country With Most Advanced Retail CBDC Development
Bahamas and Cambodia are the two countries with most advanced central bank’s retail digital currency projects, according to a news report released by PwC (PricewaterhouseCoopers accounting firm). Despite China being…