Cambodia Blocks Crypto Transactions While Launching Its Own Cryptocurrency

in #cryptocurrency7 years ago

 The Cambodian government, while pursuing its own cryptocurrency Entapay, has paradoxically banned financial institutions from engaging in cryptocurrency transactions, creating a state of confusion for the country’s cryptocurrency entrepreneurs.
Men Sam An, Cambodia’s Deputy Prime Minister, recently announced the launch of Entapay, a cryptocurrency, and encouraged the company to abide by the company’s laws, according to the The Pnom Penh Post

Full article: https://www.ccn.com/cambodia-blocks-crypto-transactions-while-launching-its-own-cryptocurrency/

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What really?
Our money isn't even floated internationally and yet they are working on a crypto currency....