Bitcoin is an electronic currency or digital currency, one of many digital currencies or cryptocurrencies created by a combination of sophisticated technology and mathematical formulas. Holders of the electronic currency "Bitcoin" can quickly transfer from one person to another with low commissions and without going through the central bank, that is, Bitcoin is an independent currency that is not controlled by any state.

Recently, a popular e-currency called "Bitcoin" has risen to more than $ 70,000 per coin or 1Bitcoin, which shocked the world. Bitcoin will reach more than $ 60,000 in 2021 and fall to just $ 16,000 in 2022.

We now see a lot of people interested in e-currency "Bitcoin" to invest or invest in this e-currency through brokers or other sites that we call "Broker or Exchange" on the Internet. .

On April 7, 2014, the National Bank of Cambodia issued a press release on "Non-recognition of Bitcoin and similar electronic devices in the Cambodian market." That is, Cambodia has not yet recognized the electronic currency "Bitcoin".

The technical team of the General Department of Digital Technology and Education would like to remind people to be extra careful when investing in "Bitcoin" and other e-currencies that can lead to risks such as:

1. Faced with fraudulent brokers using fraudulent apps or websites
2. Facing losses caused by technology criminals stealing e-currency or digital assets
3. Fraudsters can use "PONZI SCHEME" scam scheme that promises high returns to investors with low risk and fast return
4. Fall into the trap of technology crimes such as fraud, drug trafficking, online gambling, kidnapping, money laundering and terrorist financing.