Cambodia publishes banking rules for digital assets. Is this a softening position when it comes to crypto? – Ledger information
THE National Bank of Cambodia has published a first set of rules on digital assets that apply to banks and payment service providers. Banks may have exposure to tokenized assets and eligible stablecoins, but no first-party exposure to cryptocurrencies. Several Cambodian media outlets have stated that the ban on cryptocurrencies persists. Our interpretation of the…