Laos 🇱🇦 coming out with their version of "Bakong" - powered by Soramitsu

After seeing success of Bakong in Cambodia, Laos is getting Japanese blockchain company Soramitsu to build their digital currency, a CBDC (aka Central Bank Digital Currency).

The Laotian currency currently used is called the Laotian Kip. RM1 can get you roughly 2,500 Laotian Kip.

📍Links

https://asia.nikkei.com/Business/Markets/Currencies/Laos-enlists-Japan-startup-for-study-on-digital-currency