Motivated By Venezuelan Petro, Cambodia May Issue A National Cryptocurrency

Following a month ago's dispatch of the Venezuelan government-supported Petro coin, Cambodia is thinking about propelling its own crypto venture named Entapay, an official statement for the Association of Southeast Asian Nations (ASEAN) Blockchain Summit announced March 2.

The Blockchain Summit, which will be held in Phnom Penh on March 7, depicts Entapay as a task in light of the "quantum trap" of security and encryption, composing that it will utilize Blockchain advancements to make a quick and secure client encounter.

As per the public statement, Entapay is "relied upon to end up the association between mix installment of encoded money and this present reality":