The Cambodian government, while pursuing its own cryptocurrency Entapay, has paradoxically banned financial institutions from engaging in cryptocurrency transactions, creating a state of confusion for the country’s cryptocurrency entrepreneurs.
Men Sam An, Cambodia’s Deputy Prime Minister, recently announced the launch of Entapay, a cryptocurrency, and encouraged the company to abide by the company’s laws, according to the The Pnom Penh Post.
Full article: https://www.ccn.com/cambodia-blocks-crypto-transactions-while-launching-its-own-cryptocurrency/