The revocation of Huawang Payment's banking license has triggered panic, with Chinese merchants "suspending use," involving an amount of $24 billion USD.

According to foreign media reports, the National Bank of Cambodia (Cambodian Central Bank) has officially revoked the banking license of Huiwang Payment. Huiwang Payment is affiliated with the Cambodian Huiwang Group, which is accused of operating the world's largest illegal online trading platform,