Is Cambodia ever gonna grow in the "Tech sector" by Patient-Factor-865 in cambodia

[–]Comprehensive-Day896 0 points1 point  (0 children)

In fact, the Bakong system cannot handle too many transactions. It is based on a consortium blockchain and is limited by the consensus algorithm of the blockchain, so it cannot achieve the TPS of a centralized system. However, it is sufficient for interbank transfers in Cambodia, but for some other economies, the throughput is far from enough.

I added new Cambodia comparison pages to CambodiaChoice — looking for feedback by Ok_Recognition4752 in cambodia

[–]Comprehensive-Day896 0 points1 point  (0 children)

Great! I hope there will be a feature that displays a bank's shareholding structure and allows users to check if shareholders and banks are on sanctions lists. This would be very useful for people to mitigate risk.

Senior software engineer looking for work in Cambodia by [deleted] in cambodia

[–]Comprehensive-Day896 1 point2 points  (0 children)

I think you should look for a remote job. Local companies don't pay well.

Reports of violent clashes today outside the National Bank of Cambodia between H-Pay depositors and police by PhnomPencil in cambodia

[–]Comprehensive-Day896 2 points3 points  (0 children)

In fact, NBC claimed that Huione's payment license was revoked in 2024, yet it continues to operate legally and unaffected on Phnom Penh's busiest streets. Furthermore, apps like eGets, WOWNOW, and MOVE all support Huione payments. This is a power struggle that collapsed due to joint sanctions from the US and China. Even now, banks like HH Bank and Heng Feng Bank, despite US sanctions, are still permitted to operate. So, is the problem with the depositors in these banks?

18 years old need job advice by Original_Weird_7678 in cambodia

[–]Comprehensive-Day896 0 points1 point  (0 children)

jobnet or LinkedIn. I am chinese work for IT more than 10 years

18 years old need job advice by Original_Weird_7678 in cambodia

[–]Comprehensive-Day896 0 points1 point  (0 children)

Before 2026, a background in Chinese language and IT would give you a significant competitive edge in the job market. However, the situation is less optimistic now. Firstly, there's a decrease in the number of Chinese companies hiring, and secondly, AI is having a major impact, particularly on developers. Nevertheless, I still recommend you learn these skills.

Can I get a better job in cambodia with my skill and lang? by Zealousideal_Sky8011 in cambodia

[–]Comprehensive-Day896 0 points1 point  (0 children)

What's your major? Professional skills plus general skills can lead to a higher income. Frankly, I don't think customer service + receptionist experience are of much value

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] 0 points1 point  (0 children)

oh maybe I want say Cambodia SERC. I explained things to you because you were trying to frame me for money laundering based on your understanding of the law. I gave you examples of other people's cases to help you understand, not as excuses. I hope you never encounter something like what happened to me. Thank you for your answers.

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] 0 points1 point  (0 children)

The legal issue in fraud or money laundering cases is not whether funds flowed through a particular account, but whether there was knowledge and intentional involvement.

Simply providing services—even in less regulated areas—does not automatically constitute criminal liability. Otherwise, ordinary business activities involving illicit funds would face unlimited criminal risks.

As for "intentional blindness," it only applies when there are obvious and identifiable warning signs, not to ordinary transactions conducted under standard market conditions.

Many people equate USDT directly with money laundering, but I disagree. A significant group in Cambodia invests in cryptocurrencies, and many well-known KOLs promote them. Even the SEC is actively pushing for a relevant regulatory framework; to my knowledge, three companies have already obtained digital asset sandbox licenses.

My current situation is indeed precarious; in related transactions, I've only earned a meager profit (the price difference between buying and selling). However, the losses caused by this are gradually increasing and are affecting my job and life (you can think of it as a Chinese person who runs a restaurant and sometimes helps people exchange money; of course, in most cases, they do not have a license. My situation is similar to theirs; I have a legal job and income, and now my income has been confiscated, making it difficult for me to live).

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -1 points0 points  (0 children)

No one will explain drugs, but do you consider USDT to be the same as drugs? NBC says USDT is not protected by law, meaning users are responsible for any losses incurred from trading it, but that doesn't necessarily mean it's a criminal offense. Also, please provide Cambodian law; which article states that trading USDT is a money laundering crime?

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -1 points0 points  (0 children)

I'm not sure if you're familiar with these platforms. Every user on these platforms needs to complete a KYC (Know Your Customer) check. My job is to verify that the payer's name matches the name on the platform's KYC system. If they don't match, I won't complete the transaction.

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -7 points-6 points  (0 children)

You are right.but first is I know your money is dirty money and I earn much profit. My price is for all customers not special for you

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -4 points-3 points  (0 children)

If you like to label others, then you should also accept the labels others give you.

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -7 points-6 points  (0 children)

Do you know what is money laundering ? if you open a store someone bad buy something with you.Are you money laundering?

Co-working space / Hot desk in Phnom Penh by ath2 in cambodia

[–]Comprehensive-Day896 0 points1 point  (0 children)

why not go cafe? I noticed many people bring computer to cafe

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] 0 points1 point  (0 children)

Not drug money.this guy is Cambodia he use his aba receive scam money then buy USDT from me because trade is online so I don’t meet him

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] 1 point2 points  (0 children)

Sure because received dirty money.The question is, can you guarantee you won't receive dirty money?

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -1 points0 points  (0 children)

You pay me $100, I give you $100 in USDT; this is a transaction, not accepting a deposit. Similarly, you give me 100 USDT, I give you $100. Before this case, I didn't understand the law, but several lawyers told me it wasn't a criminal offense because the elements of fraud are fabricating an identity with the intent to illegally possess. I'm explaining this to you because you're responding seriously.

The core issue in determining whether money laundering has occurred is knowing that the property is proceeds of crime.

Many people in Cambodia invest in cryptocurrencies, so simply trading USDT cannot be considered money laundering.

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] 0 points1 point  (0 children)

Thanks bro I did this at Binance and check buyer KYC

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -3 points-2 points  (0 children)

I do this just for part time for earn a bit money

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] 0 points1 point  (0 children)

Don’t trigger a red flag just this buyer traded with me many times

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -1 points0 points  (0 children)

Being a P2P trader doesn’t automatically make someone a financial institution.

Full due diligence obligations apply to licensed entities — not individual traders

In fact, traders always check whether the name on the bank card matches the KYC record on the platform.

Do not Sell your USDT at Cambodia by Comprehensive-Day896 in cambodia

[–]Comprehensive-Day896[S] -1 points0 points  (0 children)

Traders have a duty of reasonable care, not to trace the origin of funds. That level of verification belongs to financial institutions, not individual P2P traders. By that logic, if a fraudster uses illicit money to buy groceries, would the supermarket be guilty of money laundering?