TechFlow reported on December 3 that, according to Nikkei Asia, Cambodia has blocked websites of 16 cryptocurrency exchanges including Binance and Coinbase, although their mobile applications remain accessible. While the Cambodian government aims to improve its international image as a hub for online scams and strengthen regulation of cryptocurrencies, these measures have had limited impact on illegal markets due to the decentralized nature of crypto transactions, while also cutting off access for some legitimate industry participants.
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