Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, there have been frequent updates on international financial regulation. After cases handled by US law enforcement agencies, relevant individuals have been deported back to their home countries; at the same time, the National Bank of Cambodia has also made an important decision.
The National Bank of Cambodia announced that Prince Bank has been officially placed into liquidation status, prohibiting it from continuing any banking operations. According to the announcement, the bank is no longer allowed to accept new deposits, provide loans, or offer other financial services.
This liquidation decision was made in accordance with the laws of the Kingdom of Cambodia, and the National Bank has appointed relevant institutions to handle the subsequent liquidation procedures. This move reflects the ongoing scrutiny by regulatory authorities worldwide regarding the compliance of financial institutions and also serves as a reminder for market participants to pay attention to cross-border financial risks and regulatory environment changes. The sound operation and compliance review of financial institutions are becoming key priorities for central banks around the world.