Tag "Bakong"

Cambodia Advances Tourism Sector with Blockchain-Based Digital Currency Payments

Cambodia is implementing new initiatives to expand payment options for tourists by cementing blockchain-based central bank digital currency (CBDC) partnerships. This effort is part of the country’s broader strategy to update its tourism sector, reflecting the significance of tourism as

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Cambodia’s Central Bank Pioneers Digital Currency in South East Asia with Launch of Bakong

The National Bank of Cambodia has officially launched its retail central bank digital currency (CBDC) named Project Bakong, co-developed by Japanese fintech company SORAMITSU. The central bank is the first in South East Asia to do so. Bakong is a

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