The National Bank of Cambodia (NBC) and Malaysian bank Maybank launched a mobile cross border remittance service. Users of Bakong – Cambodia’s payment system that uses a quasi central bank digital currency (CBDC) – can now receive funds of up to USD $2,500 from Maybank’s MAE app customers in Malaysia at a lower cost and in real-time.
https://www.ledgerinsights.com/cambodia-central-bank-cbdc-cross-border-digital-currency-payments-from-malaysia-bakong/
