Cambodia Introduces Crypto Regulation Requiring Licensing for Digital Asset Activities
Submitted by Anonymous (not verified) on Sun, 12/29/2024 - 06:50
The National Bank of Cambodia (NBC) has issued new regulations on crypto-related activities. The directive, dated Dec. 26, mandates that individuals or entities involved in crypto asset transactions, such as fund mobilization, trading, and settlements, must obtain a license from the relevant authorities. Engaging in these activities without authorization may result in penalties under Cambodia’s […]