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Binance to assist Cambodia in developing crypto regulations

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cointelegraph.com

Crypto exchange Binance has signed a memorandum of understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement.Binance and SERC will work together to develop crypto regulations in the country.

SERC is looking to leverage Binance’s technical expertise and experience in the field to develop its own legal framework for the digital asset market.Cryptocurrencies are not regulated in Cambodia and any unlicensed activity involving these digital assets is highly prohibited.

Read more on cointelegraph.com
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