Cambodia Legal Update: Prakas 093 on the Licensing and Management of Digital Asset Businesses

The Non‑Bank Financial Services Authority of Cambodia has introduced Prakas 093 on the Licensing and Management of Digital Asset Businesses on 30 December 2025. The Prakas applies to all activities relating to digital asset business for investment purposes and explicitly excludes the application to payment transactions involving digital assets or virtual assets conducted in Cambodia.

 

Key definitions outlined in the new regulation are:

Digital Asset” referring to the Cambodia Financial Technology Development Policy 2023-2028, means valuable digital units created on distributed​​ ledger technology or similar technology or associated with a smart contract or contract in the various forms between digital asset holders and counterparts and can be traded or transferred, including Bitcoin. Digital Assets are classified as financial instruments and constitute a type of securities.

Digital Asset Service Provider” means a company that has obtained a license from the Securities and Exchange Regulator of Cambodia (“SERC”) to conduct authorized digital asset business activities in accordance with this Prakas.

Digital Asset Agent” refers to an individual employed by a Digital Asset Service Provider who is licensed by the SERC to perform the permitted activities set out under this Prakas.

 

 

For further detail, please visit DFDL.