Four PillarsFour PillarsAsia Digital Asset Policy Center

Southeast Asia

Cambodia

From a 2018 ban on unlicensed crypto to bank rules and a US$10M exchange licence, with a full digital asset law due by end-2026.

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Key Regulatory Progress

Every law, rule and official guide on crypto in Cambodia: 3 apply today, and the rest show what's coming and how regulators read the rules. Each is explained in plain words and linked to the official original.

Last checked against the originals on 5 Oct 2026.

All 9 documents

Core framework

The primary statutes that define crypto assets and who may deal in them.

  1. In forceApplies today

    Prakas on Transactions Related to Cryptoassets (Prakas B7-024-735)

    Splits crypto into Group 1 (tokenised traditional assets and fully backed stablecoins) and Group 2 (everything else, including bitcoin), lets banks and payment institutions act with NBC approval and others with an NBC licence, and bars banks from Group 2. The NBC site blocks some automated requests.

    National Bank of Cambodia (NBC)

    Read the original
  2. GuidanceNot binding law

    SERC-NBC Joint Statement on Management of Virtual Assets and Virtual Asset Service Providers

    Splits licensing between the two regulators: NBC-licensed commercial banks need prior NBC authorisation for virtual asset services, and all other providers serving Cambodia need an SERC licence. Licensed providers become reporting entities of the Cambodia Financial Intelligence Unit.

    Securities and Exchange Regulator of Cambodia (SERC) and National Bank of Cambodia (NBC)

    Read the original
  3. GuidanceNot binding law

    Press Release: The Work Plan of Preparing and Drafting the Law on the Management of Virtual Assets/Digital Assets

    Sets the timetable for a FATF- and IOSCO-aligned virtual asset law: a framework law with its competent authority, AML/CFT and enforcement pillars by late September 2026, and enactment-ready legislation in December 2026.

    Securities and Exchange Regulator of Cambodia (SERC)

    Read the original

Exchanges & custody

Licensing, conduct and custody rules for trading platforms and service providers.

  1. In forceApplies today

    Prakas No. 093 on the Issuance of Licence and Management of Digital Asset Business

    ប្រកាសលេខ ០៩៣ ស្តីពីការផ្តល់អាជ្ញាបណ្ណ និងការគ្រប់គ្រងអាជីវកម្មទ្រព្យឌីជីថល

    Creates SERC licences for digital asset service providers and agents covering trading, wallets, lending and asset management, with KHR 40 billion minimum capital for trading and sandbox testing before licensing. Khmer text only.

    Non-Bank Financial Services Authority (NBFSA), published by the SERC

    Read the original
  2. GuidanceNot binding law

    H.E. Sou Socheat Holds Sideline Meeting with Legal and Regulatory Expert to Accelerate the Drafting of the Digital Asset Law

    Confirms the SERC is permanent vice-chair and secretariat of the inter-ministerial working group drafting the digital asset law, with a complete draft targeted for November 2026.

    Securities and Exchange Regulator of Cambodia (SERC)

    Read the original

AML & travel rule

Anti-money-laundering obligations and the FATF travel rule.

  1. GuidanceNot binding law

    Jurisdictions under Increased Monitoring, 24 February 2023

    Records Cambodia's removal from the grey list after completing the action plan agreed in February 2019.

    Financial Action Task Force (FATF)

    Read the original

Investor protection

Market abuse, disclosure, advertising and retail safeguards.

  1. GuidanceNot binding law

    Joint Statement between the National Bank of Cambodia, the Securities and Exchange Commission of Cambodia and the General-Commissariat of National Police

    Declares the circulation, buying, selling, trading and settlement of cryptocurrencies without a licence from the competent authorities illegal and subject to penalties.

    National Bank of Cambodia (NBC)

    Read the original

CBDC & tokenised money

Central-bank digital currency and tokenised deposit programmes.

  1. In forceApplies today

    Bakong: The Next-Generation Mobile Payments

    Official Bakong site with the member list, KHQR standard and integration documents for the national payment rail that crypto and stablecoin projects must work alongside.

    National Bank of Cambodia (NBC)

    Read the original
  2. GuidanceNot binding law

    Project Bakong: Next Generation Payment System (white paper)

    Explains the design of Bakong, the NBC's blockchain-based payment system for riel and dollar transfers between banks and wallets, and its possible implications for monetary policy.

    National Bank of Cambodia (NBC)

    Read the original

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