Jurisdiction reference
Cambodia
Regulator: NBC / SERC. License/registration context: Unclear. 1 VASP/entity record are tracked by Plexo Institute in Cambodia. Official registry source: NBC / SERC — official regulator. Data last updated: 2026-08-28.
Effective December 2024, the NBC issued "Prakas B7-024-735", allowing regulated banks and payment institutions to handle stablecoins and other tokenized assets (classified as "Group 1," including Group 1b for stablecoins), with strict exposure limits (3% of CET1 capital) and prior approval requirements. Meanwhile, unbacked cryptocurrencies ("Group 2") remain blocked. This framework dovetails with efforts to promote the national system Bakong, a blockchain-based payment platform, and strengthen riel usage.
Regulatory Status
- Jurisdiction code
- KH
- Regulator
- NBC / SERC
- Travel Rule
- In Progress
- Tracked entities
- 1
- Recognized stablecoin backing
- fiat-backed, commodity-backed
- Yield-bearing stablecoins
- Restricted
- Currency
- KHR
Regulatory approach
NBC: Primary regulator issuing Prakas on cryptoassets; grants licenses to banks, PSPs, and CASPs; sets prudential requirements including capital exposure limits; supervises compliance with governance, risk management, and AML/CFT. SERC: Co-regulator maintaining oversight of crypto-assets qualifying as securities; co-issued 2018 prohibition statement. Dual-regulator model with NBC as lead for payment-related crypto and SERC for securities-like crypto.
Relationship Graph
Jurisdiction FAQ
Who regulates Cambodia?
The current Plexo Institute record lists NBC / SERC as the regulator for Cambodia.
How many VASPs are tracked in Cambodia?
1 VASP/entity record are tracked by Plexo Institute in Cambodia.
What is the Travel Rule status in Cambodia?
The current Plexo Institute record lists the Travel Rule status for Cambodia as In Progress.
Source Evidence
This profile is compiled from official legislation and regulator records. Source confidence: official source evidence.