Wu said that according to a report by Nikkei News, Cambodia has blocked access to 16 cryptocurrency trading websites, including Binance and Coinbase, but has not blocked their applications. This highlights the country's dilemma in managing the illegal yet thriving cryptocurrency market. Cambodia is facing international pressure to improve its reputation as a center for online fraud, and the government is attempting to regulate cryptocurrencies and other digital services. However, this has had little impact on the decentralized nature of cryptocurrency trading, while also cutting off some established industry participants from their related businesses.