柬埔寨允许银行提供涉及第一类加密资产的服务

柬埔寨国家银行（NBC）迈出了重要一步，允许商业银行和支付机构提供与第一类加密资产相关的服务

Cambodia has authorized commercial banks and payment institutions to offer services related to Category 1 crypto assets, which include backed or stable cryptocurrencies, as part of an effort to regulate digital currencies and align with global financial trends. This marks the first time the National Bank of Cambodia (NBC) has permitted such operations, following a directive issued on December 26 and officially announced on December 27, the Phnom Penh Post reported. However, unbacked digital currencies, including Bitcoin, remain prohibited under the new framework.

柬埔寨已授权商业银行和支付机构提供与第一类加密资产相关的服务，其中包括支持或稳定的加密货币，作为监管数字货币并与全球金融趋势保持一致的努力的一部分。据《金边邮报》报道，这是继 12 月 26 日发布指令并于 12 月 27 日正式宣布后，柬埔寨国家银行 (NBC) 首次允许此类业务。然而，在新框架下，包括比特币在内的无支持数字货币仍然被禁止。

The directive is part of Cambodia's effort to regulate digital currencies and align with global financial trends. Under the new rules, financial institutions must secure prior approval from the NBC before engaging in services involving crypto assets. Approved institutions will be allowed to exchange crypto for fiat, facilitate transfers of crypto assets between accounts, and offer custody services. However, these entities are explicitly prohibited from using clients’ crypto assets for their benefit.

该指令是柬埔寨监管数字货币并与全球金融趋势保持一致的努力的一部分。根据新规定，金融机构在从事涉及加密资产的服务之前必须事先获得 NBC 的批准。经批准的机构将被允许将加密货币兑换为法定货币，促进账户之间加密资产的转移，并提供托管服务。然而，这些实体被明确禁止使用客户的加密资产来谋取自身利益。

Historically, Cambodia has adopted a cautious stance on cryptocurrencies due to concerns about potential risks, including fraud, money laundering, and other illicit activities. These concerns previously led to bans on crypto trading and transactions within the country.

从历史上看，由于担心欺诈、洗钱和其他非法活动等潜在风险，柬埔寨对加密货币采取了谨慎的立场。这些担忧此前导致该国禁止加密货币交易和交易。

In May, Chea Serey, the governor of the National Bank of Cambodia, shared optimism about the potential of digital currencies. She highlighted that such currencies could strengthen the Cambodian riel and reduce reliance on the U.S. dollar. This sentiment aligns with the NBC's measured approach to embracing stablecoins while maintaining a firm stance against speculative and unregulated cryptocurrencies.

五月，柬埔寨国家银行行长 Chea Serey 对数字货币的潜力表示乐观。她强调，此类货币可以增强柬埔寨瑞尔的汇率并减少对美元的依赖。这种情绪与 NBC 在拥抱稳定币的同时对投机性和不受监管的加密货币保持坚定立场的谨慎态度是一致的。

Cambodia has permitted commercial banks and payment institutions to offer services involving Category 1 crypto assets, such as backed or stable cryptocurrencies. #Cambodia #Regulation

柬埔寨已允许商业银行和支付机构提供涉及第一类加密资产的服务，例如支持或稳定的加密货币。 #柬埔寨#监管

— Cryptonews.com (@cryptonews) December 27, 2024

— Cryptonews.com (@cryptonews) 2024 年 12 月 27 日

Economic researcher Hong Vanak from the Royal Academy of Cambodia shared insights on the complexities of regulating cryptocurrencies. He noted that the decentralized nature of digital currencies complicates efforts to track, tax, and control these assets. According to Vanak, while cryptocurrencies may offer limited direct benefits to Cambodia’s economy, institutions providing crypto-related services could generate revenue through user fees.

柬埔寨皇家科学院经济研究员 Hong Vanak 分享了对加密货币监管复杂性的见解。他指出，数字货币的去中心化性质使追踪、征税和控制这些资产的工作变得更加复杂。 Vanak 表示，虽然加密货币可能为柬埔寨经济带来有限的直接利益，但提供加密相关服务的机构可以通过用户费用产生收入。

In a related development earlier this month, Cambodia blocked access to 16 cryptocurrency exchange websites, including major platforms like Binance, Coinbase, and OKX. This move was part of a broader initiative to regulate the digital asset market and enforce compliance with local laws. The action, based on a directive signed by acting Telecommunications Regulator of Cambodia (TRC) chairman Srun Kimsann, aimed to block 102 domains, most of which were associated with online gambling. The targeted crypto exchange websites lacked the necessary licenses from the Securities and Exchange Regulator of Cambodia (SERC).

在本月早些时候的一项相关进展中，柬埔寨封锁了 16 个加密货币交易网站，包括 Binance、Coinbase 和 OKX 等主要平台。此举是监管数字资产市场并强制遵守当地法律的更广泛举措的一部分。该行动基于柬埔寨电信监管机构 (TRC) 代理主席 Srun Kimsann 签署的指令，旨在封锁 102 个域名，其中大部分与在线赌博相关。目标加密货币交易网站缺乏柬埔寨证券交易监管机构（SERC）的必要许可。

Although access to these websites has been restricted, mobile applications for the platforms remain operational. Currently, only two companies are licensed under SERC’s “FinTech Regulatory Sandbox” program. While these firms can trade digital assets, they are not authorized to exchange cryptocurrencies for Cambodian riel or other fiat currencies.

尽管对这些网站的访问受到限制，但这些平台的移动应用程序仍然可以运行。目前，只有两家公司获得国家电力监管委员会“金融科技监管沙盒”计划的许可。虽然这些公司可以交易数字资产，但他们无权将加密货币兑换为柬埔寨瑞尔或其他法定货币。

Despite stringent measures, Cambodia remains a leader in retail cryptocurrency usage per capita, according to analytics firm Chainalysis. Centralized exchanges account for approximately 70% of the country’s crypto transactions. However, Cambodia’s crypto activities have faced international scrutiny due to concerns about criminal misuse.

根据分析公司 Chainaanalysis 的数据，尽管采取了严格的措施，柬埔寨在人均零售加密货币使用量方面仍然处于领先地位。中心化交易所约占该国加密货币交易的 70%。然而，由于担心犯罪滥用，柬埔寨的加密货币活动面临国际审查。

The United Nations Office on Drugs and Crime (UNODC) highlighted the use of cryptocurrencies by criminal organizations in Cambodia for activities such as money laundering and dark-web transactions. Furthermore, data from Chainalysis revealed that over $49 billion in cryptocurrency transactions between 2021 and mid-2024 were facilitated by Huione Guarantee, a marketplace associated with the Cambodian conglomerate Huione Group.

联合国毒品和犯罪问题办公室（毒品和犯罪问题办公室）强调了柬埔寨犯罪组织利用加密货币进行洗钱和暗网交易等活动的情况。此外，Chainaanalysis 的数据显示，2021 年至 2024 年中期，Huioneguarantee 促成了超过 490 亿美元的加密货币交易，该市场与柬埔寨企业 Huione Group 相关。