#cambodia News

Cambodian Rice Exporter Taps Blockchain for Better Supply Chain Management

August 5, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Schuttelaar & Partners (SP), a Brussels-based firm that claims to be focused on creating a fair, healthy, and sustainable food ecosystem, has joined forces with Amru Rice, a major exporter of rice in Cambodia. The alliance is aimed at using distributed ledger technology (DLT) to track the entire rice supply...

Cambodia Looking to Capitalize on Blockchain Solutions at ASEAN Summit

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

July 28, 2020 by Osato Avan-Nomayo at Regulation

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.S. Dollar (USD) within their economies and keep up with China’s accelerated progress in the emerging...

Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony

June 20, 2020 by Aisshwarya Tiwari at Regulation

According to a Coindesk report published on June 19, 2020, the National Bank of Cambodia is poised to go ahead with its blockchain-based payments system dubbed ‘Project Bakong’ to disrupt the dollar’s hegemony in the country. Project Bakong to Disrupt Dollar Hegemony Despite it being in the works since 2017, Cambodia’s distributed ledger...

Cambodia Mandates all Cryptocurrency Businesses to Obtain Regulatory Licenses

June 21, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

Cambodia, one of the crypto-friendly Asian nations in recent times is looking to increase its regulatory oversight in its Crypto Space to eliminate bad actors. Now, the country has officially made it illegal for companies to offer virtual currency-based services in the nation without getting the necessary permit from regulators....