Cambodia's first officially licensed digital asset exchange, RGX (Royal Group Exchange), will be officially launched in early 2024, and will contribute to the local blockchain ecosystem.
The platform, run by Royal Group, is a fintech leader at the Securities and Exchange Commission of Cambodia (SERC).
It is an exchange that has obtained an official license through the sandbox of cryptocurrency regulations, and its strengths lie in its stable operations based on security, education, and institutional trust.
RGX has set the protection of users' assets and prevention of illegal transactions as its core priorities since the launch of the exchange.
The trading platform has been built based on proven technical capabilities not only in Bojia but also in Mongolia, Kazakhstan, the Philippines and other countries.
In particular, user authentication systems, anti-phishing technologies, and local storage of customer data
All customer personal information is stored on a security server located within Cambodia, minimizing the risk of personal information leaking to the outside.
In addition, the KYT (Know Your Transaction) system has been introduced to monitor all transactions in real time.
It also provides AML (anti-money laundering) and CFT (counter-terrorist financing) functions such as identification, monitoring of suspicious transactions and regulatory compliance reviews.
The biggest reason why RGX is more than just a simple trading platform is its management philosophy that focuses on "education."
RGX is preparing a blockchain popularization project targeting approximately 12 to 13 million people, equivalent to 90% of Cambodia's population of 17 million.
For this reason, they have built their own educational platform, "RGX Academy," where anyone with a smartphone and internet access can learn the basics of crypto assets.
The lectures will focus on practical information such as the basic concepts of blockchain, the structure of digital assets, safe trading methods, and fraud prevention methods.
At the same time, we are helping beginners understand the risks and technical aspects of cryptocurrency investments so that they are not misled by unwise information.
In an interview with B2B Cambodia, RGX key stakeholders Thomas Schings and Dave
Lee emphasized, "RGX's core goal is not to simply act as a transaction intermediary, but to create a digital ecosystem in which Cambodians can properly understand and intelligently participate in blockchain."
RGX supports over 100 major crypto assets including Bitcoin, Ethereum, and Solana, and offers localized language services (Khmer, English, Chinese), P2P trading, and more.
It also has a user-centric design, including a withdrawal function and 24-hour customer support.
The company is also preparing to introduce cryptocurrency tokenization technology, which will allow it to tamper with real assets such as real estate, art, and stocks.
RGX also plans to develop a new market for converting and trading tokens on the blockchain. With security, education, and user convenience as its core strategies, RGX is working to raise awareness of digital assets.
This direction is attracting attention not only in Cambodia but also in neighboring developing countries as an exemplary digital asset exchange model, and
It is also highly regarded for its potential to become a blockchain hub in Southeast Asia.
2025/04/25 14:48 KST
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