


| Cambodia officially launches quasi-CBDC - Central Banking |
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Cambodia’s central bank officially launched its blockchain-powered payment system, named Project Bakong, on October 28, becoming the first central bank in Asia to go live with such a system. The peer-to-peer payment system runs on blockchain but unlikely many CBDC prototypes it does not involve the exchange of central bank-backed tokens.
Posted: 2020-11-02 23:18:00
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