According to the "Phnom Penh Post" report on December 27, the National Bank of Cambodia (NBC) announced that it will allow commercial banks and payment institutions to provide services related to stablecoins and asset-backed cryptocurrencies. However, unbacked assets such as Bitcoin are still restricted. prohibit. The new regulations require institutions to obtain approval before they can carry out crypto-asset exchange, transfer and custody services, and prohibit the use of customer assets. Previously, Cambodia blocked 16 unlicensed encryption trading websites to strengthen supervision of the digital asset market.