{"id":143852,"date":"2024-12-03T20:30:52","date_gmt":"2024-12-03T18:30:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143852"},"modified":"2024-12-03T16:49:49","modified_gmt":"2024-12-03T14:49:49","slug":"cambodia-blocks-major-crypto-exchanges-amid-growing-regulatory-pressure","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cambodia-blocks-major-crypto-exchanges-amid-growing-regulatory-pressure\/","title":{"rendered":"Cambodia Blocks Major Crypto Exchanges Amid Growing Regulatory Pressure"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/asia.nikkei.com\/Spotlight\/Cryptocurrencies\/Cambodia-blocks-access-to-16-crypto-exchange-websites\">move<\/a> <\/strong>also included the blocking of 102 domains, mostly targeting online gambling sites, although mobile apps remain accessible. Binance, which has a notable presence in Cambodia, acknowledged the issue and is closely monitoring the situation.<\/p>\n<p>Despite these actions, Cambodia remains a significant player in the global crypto market, ranking in the top 20 for retail crypto adoption.<\/p>\n<p>Centralized exchanges handle 70% of the country&#8217;s crypto transactions. However, only two companies have received licenses under SERC\u2019s FinTech Regulatory Sandbox, limiting trading options.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solana-faces-bearish-signals-but-whale-activity-hints-at-recovery\/\" title=\"Solana Faces Bearish Signals but Whale Activity Hints at Recovery\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/12\/solana-sol-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana Faces Bearish Signals but Whale Activity Hints at Recovery<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The crackdown comes amid growing concerns over illegal crypto activities, including money laundering and dark-web transactions.<\/p>\n<p>Recent reports highlight over $49 billion in suspicious crypto transactions tied to criminal organizations. While regulatory measures increase, experts suggest they may not fully address the strong demand for crypto in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cambodian authorities have blocked access to 16 major crypto exchanges, including Binance, Coinbase, and OKX, due to their lack of licensing from the Securities and Exchange Regulator of Cambodia (SERC).<\/p>\n","protected":false},"author":9,"featured_media":48482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-143852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cambodia Blocks Major Crypto Exchanges Amid Growing Regulatory 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