Cambodia’s central bank chief says digital currency will bolster local fiat

2024-5-28 12:49

Cross-border QR code payments via Cambodia’s digital currency are poised to boost the use of the riel, according to central bank governor Chea Serey. The National Bank of Cambodia‘s new digital currency, Bakong, is poised to significantly boost the use…

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digital cambodia currency bank central poised boost

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Источник: btcmanager.com

digital cambodia → Результатов: 23

Сrypto scam investigation reveals human trafficking in Cambodia

Investigating crypto scams around Tether’s stablecoin, journalist Zeke Faux uncovers a large human trafficking ring in Cambodia. Crypto scams and exchange hacks are becoming almost a regular occurrence in the digital assets space.

2023-9-15 23:16	Scam
cambodia crypto trafficking scams human digital assets

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MoonXBT Signs MOU With SERC for Crypto Adoption in Cambodia

MoonXBT will support Securities and Exchange Regulator of Cambodia (SERC) development and adoption of digital assets in the country.

2022-10-12 12:57
moonxbt cambodia adoption serc regulator development country

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Laos partners with Soramitsu on CBDC research as regulated crypto mining begins

Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like.

2021-10-7 07:36
laos research cbdc soramitsu payments work system

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Cambodia to Erase US Dollar Hegemony with Project Bakong

Cambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general of the National Bank of Cambodia (NBC) Chea Serey, noted that Project Bakong has witnessedRead More

2021-8-7 17:00	US dollar
project bank cambodia bakong central dollar hegemony

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Cambodia explores cross-border transactions of CBDC-like Bakong

Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier.

2021-8-7 15:15	доллар
cambodia bakong users earlier 200 months june

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Canada Calls for Coordinated Global Collaboration on CBDC Development

Canada says international collaboration is necessary to get the best out of central bank digital currency (CBDC) development. Countries like The Bahamas and Cambodia have already launched their sovereign digital currencies with China conducting live testing protocols.

2020-10-31 21:00	CBDC
cbdc development collaboration canada digital cambodia like

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Cambodia Launches Its CBDC, With a Twist

Cambodia has announced the launch of its long-awaited blockchain-based digital currency program called “Bakong. ” While Bakong was backed by the National Bank of Cambodia (NBC), it’s different from a typical Central Bank Digital Currency (CBDC) in that it wasn’t issued by the NBC.

2020-10-30 17:42
cambodia digital currency bank nbc bakong cbdc

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Cambodians Still Waiting on Central Bank Digital Currency

Somewhat behind schedule, Cambodia’s banks are readying themselves for a forthcoming national blockchain-based currency.

2020-7-30 14:38	China
currency banks cambodia schedule somewhat behind readying

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Cambodia’s Project Bakong CBDC Set for Roll Out in the Next Few Months

Cambodia’s central bank is getting set to launch the country’s central bank digital currency (CBDC) in conjunction with almost a dozen commercial banks. APAC nations continue to develop sovereign digital currencies mainly to challenge U.

2020-7-29 23:00
cambodia bank digital central cbdc set banks

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Cambodia’s Central Bank Rolls Out Blockchain Payment System Whitepaper; It’s Not A CBDC

After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states.

2020-6-22 21:04	CBDC
system whitepaper digital states blockchain bank cambodia

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Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan

With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months.

2020-2-3 07:25
digital own china cambodia cbdcs currencies central

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Cambodia Announces State Cryptocurrency as More Details Surface About China’s Digital Yuan

2020-2-3 07:25
cambodia digital china cbdcs example currencies bank

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Bank of Lithuania Looks into Central Bank Digital Currency

Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All Aboard the Central Bank Digital Currency Bandwagon Following preliminary interest from central banks in China, as well as India, Cambodia, and to an extent the European Central Bank, the Bank of Lithuania has given attention to digital assets issued and backed centrally.

2020-1-31 16:00	Libra
bank central digital lithuania banks interest currency

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The National Bank of Cambodia Will Launch a Digital Payments Network This Quarter

Leading the way for a practical CBDC is — Cambodia

2020-1-31 02:54	Banks
cambodia leading quarter way practical cbdc payments

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Cambodia’s CBDC Initiative, Project Bakong Payments App, Countdown Has Begun

The Phnom Penh Post reports that within the next couple or more months, Cambodia’s central bank is going to launch its own blockchain-based peer-to-peer money platform. The system is called Project Bakong and it will be a central bank digital currency (CBDC) – backed payments app.

2020-1-31 22:03	Announcements
bank central cambodia app bakong project cbdc

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Cambodia Readies a Blockchain-Based Digital Currency

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.

2020-1-31 20:00
cambodia currency digital launched once year domestic

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Cambodia to Launch Digital Currency with Support of 11 Banks

Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC.

2020-1-31 17:00
currency digital country set project bakong cambodian

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National Bank of Cambodia (NBC) To Test Bakong Crypto Wallet For International Payments

The Central Bank of Cambodia has recently announced that it plans to diminish the costs of cross-border transfers and payments by using a digital wallet based on a blockchain called Bakong, powered by the Hyperledger technology.

2019-10-19 00:05	Bitcoin Wallets
bank payments wallet central bakong cambodia reports

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Cambodia’s Central Bank Testing Digital Wallet to Ease Cross-Border Payments

Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.

2019-10-18 08:00
cross-border payments cambodia wallet digital central bank

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Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments

Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.

2019-10-18 08:00
cambodia payments digital wallet bank central studying

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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges

North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.

2019-4-25 17:04	Regulation
cryptocurrency asia north southeast crypto korea countries

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Cambodia Regulators Clarify that Cryptocurrency operation without License is Illegal

With regards to the recent controversies surrounding the legalities of Bitcoin operation in Cambodia, Regulators in the country have issued a clarification on their facebook wall. According to them, any operation of the digital asset including its trading, buying, settlement, and investment without a license is illegal by law.

2018-6-21 14:09
operation cambodia license illegal regulators without cryptocurrency

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Bitcoin hit $95,000: heading to $100k target price

Bitcoin, the world’s largest cryptocurrency, hit a new all-time high of $95,672 on Thursday after its price rose to 3.55% in the past 24 hours; the next target is $100k. For the first time, on Nov. 21, Bitcoin reached the…

BlackRock Bitcoin ETF Options Surge: December 20 Call Signals BTC Price Target Of $180,000

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Pump.fun clone Emojicoin goes live on Aptos blockchain

Aptos, the blockchain network backed by a16z, has seen its first pump.fun clone emerge, as meme coin mania continues to thrive. Emojicoin, a new platform built on a Move-based blockchain, has gone live on the Aptos (APT) blockchain, offering users…

Spot Bitcoin ETFs inflows surge 220% amid options launch

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Bitcoin ETFs resume with $254.82m, ETH funds lag

Spot Bitcoin and Ethereum exchange-traded funds in the United States have started the week moving in different directions as the broader cryptocurrency market faces consolidation. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $254.82 million in net…

Bitcoin Price Forecast: Fundstrat Sees BTC ‘Comfortably’ Over $100,000 This Year

Tom Lee, the head of research at independent financial analysis firm Fundstrat, has reiterated his optimistic outlook for the Bitcoin price, predicting that the cryptocurrency is on track to reach the $100,000 mark before the year concludes.

2024-5-28 12:49

digital cambodia → Результатов: 23

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