The Cambodian Senate has unanimously passed a new law targeting online scam compounds with penalties including life imprisonment for ringleaders. The Cambodian Senate passed the Law on Anti-Technology Fraud on April 3, 2026, with 58 votes in favor. Offenders whose operations lead to fatalities face life sentences or 15–30 years in prison. Cambodia targets an […]
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Governments from London to Brazil tightened their grip on iGaming this week, rolling out tax hikes, sponsorship bans, and enforcement drives that could reshape how the sector operates in 2026 and beyond. The regulatory tempo is quickening, and operators, affiliates, and investors are recalibrating as lawmakers chase revenue while promising tougher consumer protections. This Week’s […]
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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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The Swiss-based backer of the Internet Computer Protocol will provide training and entrepreneurial support as well as decentralized computing.
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The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor for these schemes. The sanctions freeze U.S.-based assets and prohibit transactions, […]
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The Cambodian central bank’s Soramitsu-backed digital payment system is continuing to expand.
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A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked to funds stolen from Atomic Wallet, […]
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The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.
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The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials (UTC) initiative. The collaboration aims to improve financial inclusion for micro, small and medium enterprises (MSME) globally using blockchain technology. UN Project Explores Digital Identity Solutions for MSME Financing The partnership will focus on developing […]
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The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope.
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