{ "jurisdiction_id": "KH", "jurisdiction": "Cambodia", "url": "https://cryptoassets.gi/jurisdictions/cambodia/", "generator": "render_jid v13.3.0", "date_modified": "2026-08-17", "schema_version": "crypto-v2.0.0", "counts": { "modules": 8, "sourced_findings": 17, "source_register": 12 }, "modules": [ { "code": "crypto_licensing", "name": "Crypto Licensing", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#crypto-licensing-crypto-licensing", "standing_position": "Cambodia has no single comprehensive crypto-asset licensing statute. The operative regime is built from (a) a May 2021 tripartite Joint Statement (NBC, then-Securities and Exchange Commission of Cambodia, and the General-Commissariat of National Police) declaring unlicensed crypto trading/settlement penalisable, and (b) an NBC Prakas of 26 December 2024 restricting banks and payment service providers from facilitating unlicensed cryptoasset transactions. SERC's separate rules are understood to target security-token offerings narrowly and were not independently verified in full text during this pass. There is no operative general VASP registration/licensing registry.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "token_classification", "name": "Token Classification", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#token-classification-token-classification", "standing_position": "Cambodia has no statutory token taxonomy distinguishing security tokens, e-money tokens, asset-referenced tokens, utility tokens, stablecoins or NFTs. The NBC's historical posture (a 2014 statement that it does not recognise cryptocurrencies) predates, and is not squarely reconciled with, the 2021 licensing expectation and 2024 Prakas. SERC's narrow security-token perimeter is the only classification-adjacent construct identified, and its content could not be independently verified.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "on_chain_activity_regime", "name": "On-Chain Activity Regime", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#on-chain-activity-regime-on-chain-activity-regime", "standing_position": "No dedicated Cambodian legal or regulatory treatment of staking, DeFi lending, DEX operation, mining, node operation, validator activity, or asset tokenization was identified in this research pass. The NBC's own blockchain deployment (Bakong) is a permissioned, centrally-operated payment backbone rather than a public on-chain activity the Prakas or Joint Statement contemplate regulating for private actors.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "stablecoin_regime", "name": "Stablecoin Regime", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#stablecoin-regime-stablecoin-regime", "standing_position": "Cambodia has no statute governing private stablecoin issuance, reserve requirements, redemption rights, disclosure, or systemic designation. The NBC operates Bakong, a permissioned blockchain-based payment backbone; NBC officials have described it as a payment system rather than a central bank digital currency, and the BIS's central bank CBDC survey classifies Bakong as a prefunded electronic payment system rather than a true CBDC. This is a public-sector payments infrastructure, not a legal stablecoin regime applicable to private issuers such as fiat-backed or crypto-collateralised stablecoins.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "consumer_protection", "name": "Consumer Protection", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#consumer-protection-consumer-protection", "standing_position": "Cambodia's consumer-facing crypto protections are currently: (a) the 2021 Joint Statement's public risk warning on crypto-currency volatility, and (b) a newly-passed Law on Anti-Technology Fraud (approved by the National Assembly 30 March 2026, still awaiting Royal signature) which introduces criminal offences targeting online scams including crypto investment ('pig butchering') schemes. Separately, Cambodia-domiciled infrastructure (the Huione Group ecosystem) has been the subject of a U.S. FinCEN Section 311 finding and OFAC sanctions on a sitting Cambodian senator, indicating substantial real-world consumer-harm exposure that domestic consumer-protection law is only beginning to address.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "tax_treatment", "name": "Tax Treatment", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#tax-treatment-tax-treatment", "standing_position": "No crypto-specific tax guidance (capital gains, income tax, VAT/GST, withholding, or reporting obligation) was identified for Cambodia during this research pass. Cambodia's general Law on Taxation and VAT regime may in principle apply to crypto-related business income or supplies, but no primary source confirming application to cryptoasset transactions, mining income, or exchange fees was located.", "findings": [] }, { "code": "cross_border_transfer", "name": "Cross-Border Transfer", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#cross-border-transfer-cross-border-transfer", "standing_position": "No domestic Cambodian statute imposing outbound crypto-asset transfer restrictions, cross-border reporting thresholds, or a cross-border travel-rule regime was identified. However, Cambodia-domiciled financial infrastructure has become a focal point of foreign enforcement: the U.S. FinCEN issued a Section 311 finding naming the Cambodia-based Huione Group a primary money-laundering concern, and OFAC has sanctioned a sitting Cambodian senator and dozens of associated entities tied to scam-compound networks operating partly via crypto. These are foreign (U.S.) regulatory/sanctions actions with a strong nexus to Cambodia rather than Cambodian domestic law, and are recorded here as sanctions-nexus context materially relevant to cross-border exposure.", "findings": [ { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": null, "instrument_type": null, "source": null, "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "aml_cft_regime", "name": "AML/CFT Regime", "confidence": null, "moved_this_cycle": false, "url": "https://cryptoassets.gi/jurisdictions/cambodia/#aml-cft-regime-aml-cft-regime", "standing_position": "Crypto subscribes to the FIM aml_ctf module fleet-wide; AML/CFT obligations are therefore NOT emitted as claims in this baseline. For disambiguation context only: Cambodia's general AML/CFT Law (2020) and Directive on Customer Due Diligence Measures (2021) apply to financial institutions and DNFBPs, supervised in part by the Cambodia Financial Intelligence Unit (CAFIU); FATF/APG reviewers found gaps in whether VA/VASP activity is captured with a risk-sensitive basis. This context is carried here for cross-reference only and should not be treated as a crypto_dr AML claim.", "findings": [] } ] }