Phnom Penh (FN), Dec. 29 - The National Bank of Cambodia (NBC) issued an emergency press release on Friday denying the false news that NBC has cooperated with Chaintope Company to launch K-coin cryptocurrency.

Regarding this concern, NBC has strongly condemned any individuals and any companies who used NBC’s name to disseminate such false information and that NBC is also taking legal action against the scam.

Meanwhile, NBC reaffirmed that they have never allowed the purchase and circulation of any form of cryptocurrencies, including the mentioned K-coin.

NBC released a resolution on Dec. 7 to all banks and micro-finance institutions in Cambodia to ban the trading of Crypto currency such as Bitcoin.

The National Bank of Cambodia added that any Cambodians who trade Crypto currency would face unknown risks as they could be associated with terrorism and black market.
=FRESH NEWS