Kingdom of Cambodia Launches Central Bank Digital Currency, Co-Developed with SORAMITSU

Bakong is a multi-stakeholder system that enables instant and final transactions using digital Cambodian Riel (KHR) or United States Dollars (USD). Co-developed by the National Bank of Cambodia and Japanese/Swiss fintech company SORAMITSU, it is built to handle the needs of numerous banks and 17 million consumers.

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SORAMITSU is a global technology company delivering blockchain-based solutions for enterprises, universities, and governments. From the creation of domestic and cross-border payment systems, to the development of our... Learn More