Cash News
PHNOM PENH — Cambodia has blocked access to 16 cryptocurrency exchange websites, including Binance and Coinbase, but not their apps, highlighting the country’s struggle to manage the illegal but booming crypto market.
Facing international pressure to improve its reputation as a hub for the cyberscam industry, the Cambodian government’s attempts to regulate cryptocurrency and other digital services have had little impact on the decentralized nature of crypto trade, while also cutting off established industry players.