What are the opening hours?

Monday 08:00 - 17:00 Tuesday 08:00 - 17:00 Wednesday 08:00 - 17:00 Thursday 08:00 - 17:00 Friday 08:00 - 17:00

Phnom Penh Derivative Exchange Plc

Home
Cambodia
Phnom Penh
Phnom Penh Derivative Exchange Plc

The Phnom Penh Derivative Exchange was established in 2015 and officially obtained the Central Count

10/06/2026

Bybit launches support for Western Union’s USDPT stablecoin

Bybit has become the first major cryptocurrency exchange to support USDPT, Western Union's U.S. dollar-backed stablecoin, allowing users to hold, transfer, and trade the token on the platform. USDPT was launched in May 2026 on the Solana blockchain, is issued by Anchorage Digital Bank, and is fully backed by U.S. dollar reserves. The integration initially focuses on Latin America through Bybit's fiat channels, with plans for broader global expansion.
The partnership is significant because it connects a major crypto exchange with Western Union's global payments network, potentially enabling faster and more efficient cross-border transfers between traditional finance and digital assets. Western Union also plans to expand USDPT's use across its Digital Asset Network, including exchange connectivity, global cash-out services, and payment applications.

Source:

Bybit has become the first major crypto exchange to list Western Union's USDPT stablecoin as dollar-backed stablecoin supply nears $320B.

02/06/2026

Coinbase Pushes for CLARITY Act Passage Amid Wall Street Opposition

Coinbase is intensifying its lobbying efforts to secure passage of the Digital Asset Market CLARITY Act, arguing that the legislation would provide long-awaited regulatory certainty for the U.S. crypto industry and could become the most significant financial regulatory reform since Dodd-Frank. The bill has already cleared the Senate Banking Committee and now faces a crucial Senate vote.

At the same time, opposition from traditional banks is escalating. JPMorgan CEO Jamie Dimon has criticized the bill and Coinbase CEO Brian Armstrong, arguing that provisions allowing stablecoin-related rewards could give crypto firms bank-like advantages without equivalent regulatory safeguards. Banks fear such products could draw deposits away from the traditional banking system.

The battle over the CLARITY Act highlights the growing tension between the crypto industry and traditional finance as digital asset companies push for regulatory frameworks that would legitimize their products, while banks seek to protect their competitive position and maintain regulatory parity.

Coinbase pushes the CLARITY Act as Senate lawmakers prepare for a key vote on U.S. crypto market rules.

26/05/2026

SEC delays tokenized stock exemption after exchanges raise ownership concerns

The U.S. Securities and Exchange Commission has delayed its proposed "innovation exemption" framework that would have allowed crypto platforms to trade tokenized versions of public stocks after strong pushback from major exchanges and market participants.

Regulators reportedly became concerned about investor protection, shareholder rights, market fragmentation, and whether blockchain-based stock tokens would provide genuine legal ownership of the underlying shares or merely synthetic exposure. Critics — including Nasdaq, NYSE, and other Wall Street firms — also warned that allowing third parties to issue tokenized stocks without company consent could create pricing inefficiencies, compliance risks, and confusion around voting rights and dividends.

While SEC officials remain supportive of tokenization as a long-term financial innovation, the agency has paused the rollout for further internal review, leaving the future regulatory framework for tokenized equities uncertain for now.

Concerns around unauthorized token issuers and investor protections have reportedly slowed the SEC’s proposed tokenized equity framework.

21/05/2026

Galaxy Digital Wins New York BitLicense

Crypto financial services firm Galaxy Digital has received a New York BitLicense and Money Transmission License from the New York State Department of Financial Services through its subsidiary GalaxyOne Prime NY. The approval allows the company to provide regulated crypto trading and custody services to institutional clients across New York, including hedge funds, registered investment advisers, and family offices.

The BitLicense is considered one of the toughest crypto regulatory approvals in the United States, with only a limited number of firms obtaining it since the framework launched in 2015. Galaxy said the move strengthens its access to Wall Street institutional capital and expands its global regulatory footprint to more than 50 licenses.

The company currently supports roughly $9 billion in client assets on its platform, and the new license is expected to further boost its position as a leading institutional crypto services provider in one of the world's most important financial markets.

Galaxy Digital got a New York BitLicense on May 18, opening regulated crypto trading and custody for hedge funds and advisers in the state.

12/05/2026

Morgan Stanley's ETrade Crypto Undercuts Coinbase with 0.5% Fee

Morgan Stanley has officially launched crypto trading on its ETrade platform, offering Bitcoin, Ethereum, and Solana at a competitive 0.5% transaction fee. This pricing undercuts major competitors including Coinbase, Robinhood, and Charles Schwab, positioning the Wall Street giant as one of the most cost-effective options for retail crypto trading.

The rollout begins as a pilot program before expanding to ETrade's roughly 8.6 million clients later in 2026. Morgan Stanley becomes one of the few large traditional banks to offer direct spot crypto trading, marking a significant milestone in the integration of digital assets into mainstream financial services.

Analysts warn the aggressive pricing could trigger a broader fee war across the crypto industry, increasing competitive pressure on existing exchanges. The launch reflects growing institutional confidence in digital assets and signals that traditional finance is increasingly serious about competing in the crypto space.

Source:

Morgan Stanley's E*Trade crypto pilot covers Bitcoin, Ether and Solana via Zerohash, undercutting Schwab at 75bps and Fidelity at 1% per trade

07/05/2026

Coinbase secures stablecoin yield compromise, paving way for U.S. Crypto bill

Coinbase has helped secure a key legislative compromise on stablecoin "yield" rules, removing a major obstacle that had stalled a broader U.S. crypto bill (often referred to as the CLARITY Act).

The core issue was whether crypto platforms could offer interest-like returns on stablecoins—something strongly opposed by banks due to fears of deposit outflows. The compromise now restricts bank-like interest payments but still allows rewards tied to actual user activity, preserving part of Coinbase's business model.

By resolving this dispute, the deal clears the path for the bill to move forward in the U.S. Senate, marking a significant step toward establishing a comprehensive regulatory framework for crypto markets.

Source:

Coinbase secures stablecoin yield compromise, paving way for U.S. crypto bill

29/04/2026

Morgan Stanley Launches Money Market Fund for Stablecoin Reserves

Morgan Stanley has launched a new government money market fund—the Stablecoin Reserves Portfolio (MSNXX)—specifically designed to hold reserves backing stablecoins. The fund provides a regulated, low-risk place for stablecoin issuers to park assets, aligning with new U.S. rules (such as the GENIUS Act) that require full reserve backing.

In essence, it bridges traditional finance and crypto by allowing stablecoin reserves to be invested in safe, liquid instruments while earning yield, reflecting growing institutional involvement in the stablecoin ecosystem.

This development signals a major shift in how traditional financial institutions are embracing the crypto space, with Morgan Stanley positioning itself at the intersection of regulated finance and digital assets. The move could set a precedent for other major banks to create similar products, further legitimizing stablecoins as a cornerstone of the modern financial system.

Morgan Stanley launches money market fund for stablecoin reserves

21/04/2026

SEC CLARITY Act Roundtable Opens in Washington Today

The SEC has begun a roundtable on the CLARITY Act, gathering regulators and industry stakeholders to discuss the future structure of U.S. crypto regulation. The talks focus on clarifying asset classification and dividing oversight between agencies, while also addressing key issues like stablecoin yields.

Although no decisions are being made yet, the discussions signal progress toward a more defined regulatory framework, with further legislative steps still ahead. The roundtable reflects growing momentum in Washington to establish clearer rules for the crypto industry, which has long called for regulatory certainty.

Market participants are watching closely, as any resulting framework could significantly impact how digital assets are classified, traded, and regulated in the United States, potentially setting a precedent for global crypto governance.

The SEC CLARITY Act roundtable opens in Washington today as the Senate targets a late-April markup with a stablecoin yield deal in place.

08/04/2026

Gold Holds Steady Around $4,660–$4,680 as Markets Await Trump's Iran Deadline

Gold prices remained stable in the $4,660–$4,680 per ounce range on Tuesday as investors adopted a wait-and-see approach ahead of a critical 8:00 PM ET deadline set by U.S. President Donald Trump for Iran to reach a deal or face potential military strikes on its infrastructure. The precious metal continues to attract safe-haven demand amid the ongoing six-week U.S.-Iran conflict and the closure of the Strait of Hormuz.

However, gold's upside potential is being limited by a strengthening U.S. dollar and surging energy costs. These inflationary pressures have shifted market expectations toward the Federal Reserve maintaining—or even raising—interest rates, which diminishes the appeal of non-yielding assets like bullion. The combination of geopolitical risk and monetary policy uncertainty has created a tug-of-war that is keeping gold prices range-bound.

With the Iran deadline approaching, traders are closely monitoring developments that could trigger significant volatility in both gold and broader financial markets. A diplomatic resolution could ease safe-haven flows, while military escalation would likely push gold higher as investors seek shelter from heightened geopolitical risk and potential further disruptions to global energy supply chains.

Source:

Gold prices fell Tuesday as investors eyed a deadline set by U.S. President Donald Trump for reopening the Strait of Hormuz.

31/03/2026

Binance Tightens Rules for Token Issuers and Market Makers

Binance has significantly tightened its rules for token issuers and market makers in a major effort to improve transparency and curb market manipulation. Under the new framework, token projects must fully disclose their market-making partners, including identity, legal entity, and contract terms. Profit-sharing arrangements and guaranteed-return deals with market makers are now banned due to conflicts of interest.

The exchange is also stepping up monitoring of trading behavior, targeting red flags such as one-sided selling, artificial volume, and coordinated activity across platforms. Binance has warned it will take strict enforcement actions against violators, including blacklisting them from the platform.

The move reflects a broader push to restore trust in crypto markets and ensure fairer price discovery, following past volatility linked to manipulative trading practices.

Binance tightens rules for token issuers and market makers

Address

12th Floor Sathapana Tower (Room 12-02) #83E2, Preah Norodom Boulevard
Phnom Penh
120203

Opening Hours

Monday	08:00 - 17:00
Tuesday	08:00 - 17:00
Wednesday	08:00 - 17:00
Thursday	08:00 - 17:00
Friday	08:00 - 17:00

Telephone

+85523901388

Website

https://www.ppdexchange.com.kh/

Alerts

Be the first to know and let us send you an email when Phnom Penh Derivative Exchange Plc posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Phnom Penh Derivative Exchange Plc:

Shortcuts

Address
Telephone
Opening Hours
Alerts
Contact The Business
Claim ownership or report listing

Want your business to be the top-listed Finance Company in Phnom Penh?