Cambodia needs Bitcoin ATMs

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fullbr1ng
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Re: Cambodia needs Bitcoin ATMs

Post by fullbr1ng » Tue Oct 30, 2018 8:18 am

Yes massive issue! Do not do that. They might not catch onto it first time but the definitly will. Yes account was ban.
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Spigzy
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Re: Cambodia needs Bitcoin ATMs

Post by Spigzy » Tue Oct 30, 2018 10:49 am

It isn't just ABA or Bitcoin, all banks (including Wing as a specialised bank), MFIs and PSPs (TrueMoney, SmartLuy, etc.) are on alert to prevent ANY type of cryptocurrency transactions as per a circular issued by the National Bank of Cambodia back in December last year:

National Bank of Cambodia Bans Bitcoin
http://en.freshnewsasia.com/index.php/e ... inted.html
Meum est propositum in taberna mori,
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
Dr. Ifter
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Re: Cambodia needs Bitcoin ATMs

Post by Dr. Ifter » Tue Oct 30, 2018 2:45 pm

Gah! That's a pain in the tits!

Thanks for the info guys. I won't be doing that so!

Hopefully they will remove that ban at some point next year.
mcam
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Re: Cambodia needs Bitcoin ATMs

Post by mcam » Tue Oct 30, 2018 3:07 pm

I was actually planning on buying some crypto soon with my cambodian debit card. Glad I saw this post
JaceMon
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Re: Cambodia needs Bitcoin ATMs

Post by JaceMon » Tue Oct 30, 2018 3:13 pm

Spigzy wrote:
Tue Oct 30, 2018 10:49 am
It isn't just ABA or Bitcoin, all banks (including Wing as a specialised bank), MFIs and PSPs (TrueMoney, SmartLuy, etc.) are on alert to prevent ANY type of cryptocurrency transactions as per a circular issued by the National Bank of Cambodia back in December last year:

National Bank of Cambodia Bans Bitcoin
http://en.freshnewsasia.com/index.php/e ... inted.html
So what are the options for people with crypto here? Also, do people residing here and, say, mining crypto here need to go through any Cambodian based financial institute in order to access that crypto as any other currency?
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Spigzy
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Re: Cambodia needs Bitcoin ATMs

Post by Spigzy » Tue Oct 30, 2018 4:25 pm

You don't have any options in Cambodia to my knowledge - keep it all online & do your currency exchanges in other countries. I've not heard of any action against miners or mining setups in Cambodia, but the moment it involves extracting real currency value domestically, all bets are off.
Meum est propositum in taberna mori,
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
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Toxic Turtle
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Re: Cambodia needs Bitcoin ATMs

Post by Toxic Turtle » Thu Nov 01, 2018 8:52 pm

Just use localbitcoin to western union, or other payment systems. Dont buy in person, its cambo
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