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.
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CryptoTarotReadervip
· 01-10 04:40
Prince Bank is out of business, now financial institutions have to play it straight --- Another bank is being liquidated, this wave of regulation really isn’t joking around --- Compliance, compliance, and more compliance, everyone’s tired of hearing it, but it’s unavoidable --- US deportation, Cambodia liquidation, cross-border financial risks need to be taken seriously --- Financial institutions are collapsing one after another, I just want to know who’s next --- This is true financial reshuffling; non-compliance is a dead end --- With such strict regulation, does anyone dare to grow wildly? --- The story of Prince Bank once again teaches the market a lesson --- Liquidation is liquidation; these days, no one dares to cross the line
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GateUser-4745f9cevip
· 01-10 02:06
Prince Bank is directly shutting down... now depositors have to panic.
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TokenTherapistvip
· 01-09 06:49
Prince Bank has been directly liquidated. This is a serious move... The compliance review is really strict this time.
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BakedCatFanboyvip
· 01-09 06:40
Is Prince Bank directly being liquidated? This is getting serious. --- Another wave of financial storms is coming; cross-border risks are becoming increasingly hard to avoid. --- Regulatory authorities are emerging one after another; compliance is now the hard currency. --- Cambodia is quick on the draw; once they decide to liquidate, they do it immediately. --- It seems that financial institutions haven't been having an easy time lately. --- This wave of liquidations will sooner or later affect some domestic platforms. --- Sending + liquidation, a double approach. It looks like a crackdown is really coming. --- Can cross-border finance still be played? The risks are so high. --- Compliance costs are going to rise again; tough days are ahead. --- The cases handled by US law enforcement are also unclear about what they involve.
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DeFiVeteranvip
· 01-09 06:38
Prince Bank is directly being liquidated, this is really getting serious, and regulatory crackdown is getting harsher and harsher --- Another liquidation, when will it end? Cross-border finance really has no sense of security now --- Basically, it's still the compliance hurdle that hasn't been cleared. Financial institutions can't survive without rectification now --- The US deportation personnel and Cambodia liquidation banks, this pace feels like a domino effect --- The liquidation status is equivalent to a death sentence, depositors will definitely be stunned --- When the national bank steps in, there's no room for negotiation. This is a warning to others by killing the chicken to scare the monkey --- Regulations are really tightening, the previous wild growth approach is completely outdated --- Prince Bank is done for, the underlying users are the unluckiest, are assets just going to disappear like this? --- Central banks around the world are now fully checking for compliance, who still dares to cross the red line
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DefiSecurityGuardvip
· 01-09 06:34
ngl, another bank liquidation? this is giving major red flags 🚩 audit reports or it didn't happen tbh
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MidnightMEVeatervip
· 01-09 06:33
Another one is about to be swallowed, the old script of the liquidity trap, Cambodia has also learned it.
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