Cambodia Blocks Crypto Transactions While Launching Own Cryptocurrency

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. 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. Big Plans For Government Cryptocurrency Entapay is a [...]