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Burundi vs Cambodia

Crypto regulation comparison

← Back to map | Burundi | Cambodia
Burundi

Burundi

Cambodia

Cambodia

No Data
Restricted

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Cambodia has a restrictive stance on cryptocurrency. The National Bank of Cambodia prohibits banks and financial institutions from dealing in crypto, and unlicensed crypto businesses are illegal. However, the government has shown interest in blockchain technology and launched Bakong, a CBDC-like payment system.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining Yes Yes
Regulator -
Regulator National Bank of Cambodia (NBC), SERC
Stablecoin Rules -
Stablecoin Rules Bakong (CBDC) promoted as alternative; private stablecoins not specifically regulated
Key Points

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Key Points
  • NBC issued a 2018 directive prohibiting banks from dealing in cryptocurrency
  • Unlicensed crypto exchanges and trading platforms are banned
  • Bakong digital payment system launched in 2020 using blockchain technology
  • SERC (Securities and Exchange Regulator) has discussed regulating crypto as digital assets
  • Despite restrictions, peer-to-peer crypto usage remains significant
Sources

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Sources