According to Foresight News and reported by Nikkei, Cambodia has blocked access to 16 cryptocurrency trading websites, including Binance and Coinbase, but has not blocked their applications.
In response to the international community's demands to improve the reputation of its online scam industry, the Cambodian government has attempted to regulate cryptocurrencies and other digital services. However, due to the decentralized nature of cryptocurrency transactions, these regulatory measures have failed to effectively curb illegal activities and have severed ties with existing industry participants.