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Cambodia is still awaiting the rollout of its digital currency, after reports from the country’s central bank earlier this year suggesting it was preparing an imminent launch of the technology.
Cambodia is launching a distributed ledger technology network for the country’s payment system.
Cambodia is poised to become the next country to launch a central bank digital currency (CBDC), as the country gears up to roll out new payment infrastructure over the coming months.
The Central Bank of Cambodia is looking for ways to reduce the costs of cross-border payments.