Posted inCambodia

Cambodia aims to make it cheaper to transfer money

Since last October, Cambodia’s central bank has been trialing Bakong, a peer-to-peer fund transfer service. Often called a cryptocurrency, it’s not quite that. Neither is it a central bank digital currency, as Chea Serey, the central bank’s vice-governor, has been at pains to stress in recent months. Instead, it’s a token system that allows users to […]

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