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Bitcoin.com 2024-12-29 04:30:02

Cambodia Introduces Crypto Regulation Requiring Licensing for Digital Asset Activities

The National Bank of Cambodia (NBC) has issued new regulations on crypto-related activities. The directive, dated Dec. 26, mandates that individuals or entities involved in crypto asset transactions, such as fund mobilization, trading, and settlements, must obtain a license from the relevant authorities. Engaging in these activities without authorization may result in penalties under Cambodia’s

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