Summary of Is Cambodia's Bakong the future of digital currencies?
- The National Bank of Cambodia launched its digital currency, Bakong, in October 2020.
- Almost 200,000 people use its digital wallet, and almost 6 million have benefited through the use of connected banking apps.
- Bakong shows how both financial institutions and end users can benefit from the scalability, inclusivity and cost-efficiency of systems like this.
