The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient's phone number.
October 29, 2020The new payment system expected to launch in the coming months has the support of 11 banks so far, and will operate using a quasi-CBDC known as 'Bakong'.
February 3, 2020Cambodia’s central bank and Malaysia’s Maybank will work together to enable real-time cross-border transfers, payments and remittances between the two countries.
October 12, 2019