Cambodia’s Bakong blockchain payments record 3x spike in GDP

Quick Summary:

Launched in 2019, the blockchain payment system has gained steady traction in Cambodia’s financial system, making up 330% of the country’s GDP last year.

The post Cambodia’s Bakong blockchain payments record 3x spike in GDP appeared first on CoinGeek.

Per the report, the e-commerce vertical is pushing growth rates across all economies, with first-world countries recording the biggest adoption rates.

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Article Details

Author / Journalist: Wahid Pessarlay

Category: Crypto

Markets: CanadaCambodia

Topics: Astute Analytica Finance Digital Payments Central Bank Digital Currency National Bank of Cambodia Bakong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 04:00:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 904 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 27308021

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