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Binance And Coinbase Hit As Cambodia Blocks 16 Crypto Platforms

  • Cambodia has blocked access to 16 cryptocurrency exchanges, including popular platforms like Binance and Coinbase, citing lack of proper licensing.
  • The Telecommunication Regulator of Cambodia (TRC) suspended the websites of these exchanges for violating state licensing rules.
  • While the website access is blocked, users can still access the mobile apps of these exchanges.
  • Cambodia's position in the global crypto landscape remains strong, being among the top 20 countries for retail cryptocurrency adoption per capita.

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