🚀 Cambodia's Crypto Leap! 🚀

The National Bank of Cambodia has taken a bold step forward by allowing commercial banks and payment institutions to offer services involving cryptocurrencies, including stablecoins. This marks a significant shift towards embracing digital currencies, aligning with global financial trends.

- **Key Highlights:**

- Only asset-backed cryptos are allowed; Bitcoin remains prohibited.

- Banks can convert crypto to fiat, transfer assets, and offer custody services.

- Client assets must remain untouched by institutions.

Join the conversation below! What do you think about Cambodia's crypto journey? 💬