Cambodia to Erase US Dollar Hegemony with Project Bakong

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WEF Executive Weighs in on Disputed Cryptocurrency Tax Policy

WEF Executive Weighs in on Disputed Cryptocurrency Tax PolicyCambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general of the National Bank of Cambodia (NBC) Chea Serey, noted that Project Bakong has witnessed

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