Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bakong
Cambodia launches it Own ”Bakong” Digital Currency
The race to develop Central Bank Digital Currencies continues to heat up, and Cambodia is the latest to launch its digital currency. As per reports from Thai news outlet Bangkong Post, Cambodia launched its digital currency named ‘’Bakong’’ on Wednesday, October 28, 2020. Digital Currency to be used via smartphones Bakong was developed by the National Bank of Cambodia (NBC) in collaboration with Japanese tech startup Soramitsu Co. The launch culminates the Digital currency developments, which began with pilot testing…
5 years ago