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Cambodia to Erase US Dollar Hegemony with Project Bakong

Cambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general of the National Bank of Cambodia (NBC) Chea Serey, noted that Project Bakong has witnessedRead More дальше »

2021-8-7 17:00


Cambodia’s Central Bank Rolls Out Blockchain Payment System Whitepaper; It’s Not A CBDC

After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states. дальше »

2020-6-22 21:04


Bank of Lithuania Looks into Central Bank Digital Currency

Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All Aboard the Central Bank Digital Currency Bandwagon Following preliminary interest from central banks in China, as well as India, Cambodia, and to an extent the European Central Bank, the Bank of Lithuania has given attention to digital assets issued and backed centrally. дальше »

2020-1-31 16:00


Фото:

Cambodia to Launch Digital Currency with Support of 11 Banks

Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. дальше »

2020-1-31 17:00


2019 will be a pivotal year for Southeast Asian tech startups

With a rising middle class and a booming tech startup scene, Southeast Asia (SEA) sits where China did 10 years ago — on the cusp of a major economic boom fueled by the tech industry. The only questions over the last few years have been: When will the tipping point be reached, and when will SEA mature from a promising regional market into the next big world economy? I’ve seen promising signs that in 2019, our region may finally reach that tipping point. дальше »

2018-12-19 02:00