The Khmer Crypto Foundation, an assortment of over a 100 bitcoin and digital currency investors and enthusiasts, held its first general meeting yesterday with the aim to educate members about how to comply with potential regulations governing the use of blockchain technology, according to a press release yesterday.

In Mean, lead developer of the Khmer Crypto Foundation, was quoted in the release as saying that group hopes to soon submit its own cryptocurrency framework to the National Bank of Cambodia (NBC). Currently, the NBC is working with a Japanese firm to develop a national blockchain-based payment system.