Cambodia Will Introduce New Regulations To Further Regulate The Investment And Trading Of "Digital Assets."
Cambodia will introduce new regulations to further regulate the investment and trading of "digital assets."
The Securities and Exchange Regulator of Cambodia (SERC) stated that all digital assets used for investment must be regulated, but the sector still faces challenges such as complex regulation, high compliance requirements, and volatile market fluctuations.
SERC is cooperating with other countries through the ASEAN Capital Market Forum and will hold a digital asset regulatory workshop in Phnom Penh in December. Director Su Sujie emphasized that digital assets are changing the financial landscape of ASEAN, and regulation must ensure market stability and economic security.
Currently, Cambodia has approved three exchanges to pilot operations under the "regulatory sandbox" framework; meanwhile, the telecommunications regulator has blocked unauthorized overseas platforms. The National Bank of Cambodia also requires banks and payment institutions to obtain approval before conducting related business, prohibits the issuance of cryptocurrencies on their own, and restricts high-risk asset trading. The new regulations are expected to be officially implemented by the end of this year.
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