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TronWeekly

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Cambodia Approves Stablecoins, Excludes Bitcoin from Regulations

  • Cambodia's National Bank has approved regulations allowing commercial banks and payment institutions to offer services related to stablecoins and tokenized assets.
  • The directive excludes Bitcoin and other cryptocurrencies that are not backed.
  • Stablecoins can improve monetary independence, financial inclusion, and cross-border payments.
  • Cambodia maintains its ban on unbacked cryptocurrencies like Bitcoin and implements strict measures to ensure responsible usage of digital assets.

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