2 min read

March 18, 2026

SERC and U.S. Treasury Discuss Cooperation on Real-World Asset Tokenization

Background

On 18 March 2026, H.E. SOU Socheat, Delegate of the Royal Government in charge as Director General of the Securities and Exchange Regulator of Cambodia (SERC), led an online meeting with representatives of the United States Department of the Treasury. The U.S. delegation was represented by Ms. Rachel Fedewa Irmen, Mr. Michael White and Ms. Jasmine Sicular. The discussion focused on collaboration between SERC and the U.S. Department of the Treasury in the area of real-world asset tokenization to support economic development.

Scope of Application

The discussions relate to cooperation and a prospective technical assistance project on tokenization of real-world assets within Cambodia’s securities and financial technology ecosystem. The engagement involves SERC as the Cambodian counterpart, including its FinTech Working Group, and is expected to include other relevant domestic stakeholders during the planned assessment mission.

Key Provisions or Decisions

During the meeting, SERC and the U.S. Department of the Treasury discussed a cooperation and technical assistance project on real-world asset tokenization for economic development. The U.S. representatives confirmed their plan to conduct an assessment mission to Cambodia, with the objective of evaluating specific needs in coordination with SERC and other stakeholders. This assessment mission is scheduled to take place in May 2026. The meeting was reported as having proceeded smoothly and productively.

Implications for Investors, Businesses, or Compliance

The engagement signals ongoing cooperation between SERC and the U.S. Department of the Treasury on potential applications of real-world asset tokenization in Cambodia’s capital market. While no regulatory instruments or detailed frameworks were announced, the planned assessment mission in May 2026 is intended to identify concrete needs and areas where technical assistance may support future developments in tokenization and related financial technologies.

Official Source

The information is based on an official announcement by the Securities and Exchange Regulator of Cambodia (SERC) published on its verified Facebook page on 18 March 2026.


Related: Cambodia’s tax framework is evolving with increased enforcement and compliance focus. See:

Cambodia Tax Policy Review and Outlook (2025–2026)

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