Laos has moved to tighten controls on cryptocurrency purchases through foreign platforms, ordering banks and payment providers to block card transactions linked to exchanges that are not licensed by the central bank.
The Bank of the Lao PDR (BOL) issued the notice on 31 July to commercial banks and payment...
Despite a recent nationwide increase in the minimum wage, many employers in Laos are still paying their workers less than the mandated amount.
Employers argue...
Traveling between Laos and China is now easier with a QR payment system that enables tourists to make cashless transactions. Chinese visitors can already...
