Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. Chea Serey, director-general of the National Bank of Cambodia (NBC) says the CBDC already has the backing of 11Read More The post appeared first on Bitcoinist.com.
