As many countries of the world continue to begin adoption of the central bank digital currency, project Bakong, Cambodia’s CBDC will play will be pivotal in integrating all stakeholders in the finance industry in the country under the same platform. This will bring ease for end-user who want to make payments regardless of the institution they bank with. This is according to NBC’s director-general, Chea Serey who announced that the country’s central bank was working on “the national payment gateway for Cambodia.” According to her, the digital currency would operate as a blockchain-based peer-to-peer platform alongside its built crypto. The
