#Bakong

March 26, 2025

Cambodia’s Bakong Blockchain Transactions Hit 330% of GDP in 2024

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Cambodia’s Bakong Blockchain Surges to 330% of GDP in Transactions Cambodia’s national blockchain-based payment system, Bakong, has soared to new heights, with transaction volumes reaching a staggering 330% of the country’s GDP in 2024. Bakong’s transaction volumes hit 330% of Cambodia’s GDP in 2024. Over 30 million wallets and 642,500 accounts registered. 4.5 million merchants […]

#Digital Payments #Blockchain #Bakong #Cambodia

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December 27, 2024

Cambodia Embraces Stablecoins Amid Bitcoin and Ether Ban, Prioritizing Regulation Over Risk

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Cambodia’s Cautious Dance with Crypto: Stablecoins Welcome, Bitcoin and Ether Banned Cambodia is cautiously venturing into the realm of cryptocurrency, allowing stablecoins under stringent conditions while maintaining a ban on Bitcoin and Ether. On December 27, 2023, the National Bank of Cambodia (NBC) issued a directive that reflects the country’s wariness about financial crime and […]

#Bitcoin #Stablecoins #Bakong #Cambodia

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