National Bank of Cambodia to Allow Banks to Process Crypto

Commercial banks and payment companies can offer cryptocurrency-related services by the National Bank of Cambodia, but not for Bitcoin or other unbacked tokens.  The Phnom Penh Post reports that on December 27, the NBC publicly announced its decision to permit banks to offer services involving Category 1 crypto assets. Cryptocurrencies backed by fiat, such as […] The post National Bank of... source: https://coinscreed.com/national-bank-of-cambodia-to-allow-banks-to-process-crypto.html