Express

Bank Of Cambodia Believes Blockchain Will Allow For More Financial Control

Janelle Fox

Summary: Serey Chea, Assistant Governor for the National Bank of Cambodia, stated that blockchain payments will allow for better control of finances and remittance efficiency, according to CNBC. The National Bank of Cambodia has reportedly worked with domestic blockchain payments for retail. The main interest however comes from the cross-border transaction capabilities. The National Bank of ...

Serey Chea, Assistant Governor for the National Bank of Cambodia, stated that blockchain payments will allow for better control of finances and remittance efficiency, according to CNBC.

The National Bank of Cambodia has reportedly worked with domestic blockchain payments for retail. The main interest however comes from the cross-border transaction capabilities. The National Bank of Cambodia has collaborated with the Malaysian bank Maybank on blockchain cross border payments and remittances.

By Janelle Fox

Last Update:

Tags: ,,,
Link: Bank Of Cambodia Believes Blockchain Will Allow For More Financial Control   [Copy]
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 1 day ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 2 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 13 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 14 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 16 days ago
  • You need to login to comment.