The declaration this week, that the unlicensed use or promotion of crypto-currencies in Cambodia is illegal, should really come as no surprise.
Cambodia, like its neighbor Vietnam, has seen a host of murky crypto-related launches and this announcement, signed by the National Bank of Cambodia, the Securities and Exchange Commission of Cambodia and the General Commissariat of National Police, warned the public to “be aware” and told offenders they will be “penalized in accordance with applicable laws.”
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