【💥Another financial myth has collapsed?! Huiwang Payment is in trouble, the Cambodian version of "P2P explosion" is unfolding】

Is the Chinese capital "Universal Bridge" - Huiwang Payment, which once dominated Southeast Asia, really cooling down this time? 🎌
Once, it was the "hard currency" in the gray industry of Cambodia: from paying bills at KTVs, settling accounts at restaurants📻, to kidnappers collecting ransoms💸, and even North Korean hacker group Lazarus, Southeast Asian "pig slaughter" money laundering… it was almost inescapable. With local payment licenses💳 + physical stores + a legitimate app store listing, Huiwang once served as the "underground central bank" of the USDT payment system in Cambodia.
However, everything began to collapse starting from the joint pressure from the US and UK in October this year. Faced with the threat of being placed on the FATF gray list and the nationwide impact on SWIFT, the Cambodian government finally took action to regulate. 💰 At the beginning of November, Huiwang started to limit withdrawals: only $1000-2000 per person per day; subsequently, merchants gradually stopped using it; now it has been officially announced —
"Installment payment over 12 months, store temporarily closed, see you again in January next year" 📅
Familiar script, familiar "P2P-style soft landing," but this time the stage has moved to Cambodia. A crowd waiting in line at the entrance to withdraw cash, phrases like "ESG" even popping up in announcements... absurd yet real.
💬 What do you think?
1️⃣ Is this the inevitable result of tightening international regulations, or did Huiwang mess up on its own?
Will the Southeast Asia gray market financial network be restructured as a result?
3️⃣ Who will be the next "Huiwang"?

#加密市场回暖 #比特币行情观察 #现货ETF获批新进展 #加密市场观察