Cambodia blocks Binance and Coinbase in crypto crackdown
Despite these restrictions, Cambodia remains a significant player in the crypto market, ranking among the top 20 nations for retail crypto usage per capita.
Cambodia has taken a decisive step in regulating cryptocurrencies by blocking access to 16 exchange websites, including Binance, Coinbase, and OKX. The Telecommunication Regulator of Cambodia (TRC) enforced the block on platforms without licences from the country’s Securities and Exchange Regulator (SERC). While website access is restricted, mobile apps for these platforms remain operational.
This move aligns with Cambodia’s cautious approach to cryptocurrency, where only two entities operate under a regulatory sandbox. These licensed…
