"Jack Ma Launches Virtual Currency in Cambodia"

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Percy

How can I use the Jack Ma-backed virtual currency in Cambodia?

2023-06-09 05:09


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Fletcher

Ma Yun's Cambodian virtual currency refers to a digital currency system proposed by Jack Ma, the founder of Alibaba Group, in partnership with the Cambodian central bank. The virtual currency would be based on blockchain technology and operate as a digital payment method within Cambodia, allowing for greater efficiency and security in financial transactions. It is intended to promote financial inclusion in Cambodia, particularly for those who lack access to traditional banking services. The system is still in the planning stages, and there are currently no details available on when or how it will be implemented.

Release time 2023 06 09

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