Cambodia Blocks Crypto Exchanges Amid Regulatory Crackdown
Cambodia’s government has blocked access to 16 cryptocurrency exchange websites, including major players like Binance, Coinbase, and OKX, citing the lack of licenses with the Securities and Exchange Regulator of Cambodia (SERC).
The move comes as Cambodia faces international scrutiny over its reputation as a hub for online scams, including cyberscams linked to cryptocurrency. The blocked URLs were part of a broader directive issued by the Telecommunication Regulator of Cambodia (TRC) on November 20, targeting over 100 sites, mostly connected to online gambling, Nikkei Asia reported on Tuesday.
The blockage of exchanges may be seen as symbolic, aimed at signaling commitment to combating illicit activity rather than a substantive…
