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Cambodia News

Cambodia is a country located on the Indochinese Peninsula in Southeast Asia. Cambodia is one of the least developed countries in Asia. However, it has one of the most rapidly growing economies in the world. Bitcoin in Cambodia is developing gradually, as the government hasn’t decided yet on the laws as they relate to blockchain and Bitcoin. Cambodian authorities have only claimed mentioned some limitations for banks and other financial establishments on trading and advertising cryptocurrency. Nevertheless, in Cambodia, the adoption of Bitcoin is becoming more and more real, as there are already local cryptocurrency exchange platforms for citizens and there are some projects being made to develop digital currencies and other related products and services — including Bitcoin mining in Cambodia.
Cambodia, a country that uses multiple currencies, may hold the key to mass adoption of Bitcoin.
Bitcoin’s Mass Adoption Clue Is Hidden Away in Cambodia
Shivdeep Dhaliwal
2016-10-16T12:54:00+01:00
849
The Phnom Penh Post is reporting that the Cambodian government, or at least the central bank there, will not recognize Bitcoin as a currency.
Cambodia central bank says Bitcoin is not a currency
Michael K. Hamilton
2014-03-23T12:13:27+00:00
955

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