The National Bank of Cambodia (NBC) has liberalized the services of stablecoins and asset-backed cryptocurrencies! Commercial banks and payment institutions can now provide crypto asset exchange, transfer and custody services after obtaining approval. However, unbacked assets such as Bitcoin are still prohibited. 💡The new regulations also emphasize that customer assets cannot be used. It seems that the supervision is not small! What do you think of this policy change? Feel free to share your views in the comment section!