#National Bank of Cambodia News

Cambodia Looking to Capitalize on Blockchain Solutions at ASEAN Summit

October 29, 2020 by Osato Avan-Nomayo at Regulation

Cambodia is the latest country to launch a central bank digital currency (CBDC) as Project Bakong is now deployed across the nation. Banking the Unbanked with Bakong According to the Bangkok Post, the National Bank of Cambodia on Wednesday (October 28, 2020) announced the launch of the country’s CBDC. As...

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...