News

Crypto-currency eyes Cambodia with new terminals

Cambodia is proving to be an attractive target for crypto-currencies, with one of the most recently established operators of virtual money declaring their intention to roll out terminals in Phnom Penh this year. Officials of the foundation that founded Blackcoin, a digital-currency formed in February by a Russian developer named rat4, say they have secured […]

National Bank of Cambodia Won't Recognise Bitcoin

Cambodia's central bank won’t recognise bitcoin as a form of payment, making the Kingdom the latest Asian country to reject the digital currency. National Bank of Cambodia director-general Chea Serey confirmed the regulator’s stance on the issue on Wednesday, citing the absence of any e-commerce law in the Kingdom as one of the main reasons. […]

Bitcoin enthusiast wants to set up the virtual currency in Cambodia

Local entrepreneur Ki Chong Tran believes he has the solution to many of Cambodia’s problems. Look no further, Tran says, than bitcoin. Should the 26-year-old mixed martial arts trainer and 3D-printing business owner get his way, the widely used but controversial digital currency will arrive in Cambodia within the coming weeks, and the capital will […]