Huione Bank’s business license has been revoked by Cambodia -- Huione countdown
Huione “exit scam” is a major blow to the payment infrastructure for all types of scheme operators / promoters / park operators in Southeast Asia - Extreme short-term chaos, settlement difficulties, and a significant cut in profits - In the medium to long term, a bunch of alternatives will definitely emerge, but they will be more fragmented, more underground, and more costly - There will be some negative impact on TRON’s revenue, but due to path dependence, it’s manageable for now - For overall crypto prices, it’s almost just minor emotional volatility
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Huione Bank’s business license has been revoked by Cambodia -- Huione countdown
Huione “exit scam” is a major blow to the payment infrastructure for all types of scheme operators / promoters / park operators in Southeast Asia
- Extreme short-term chaos, settlement difficulties, and a significant cut in profits
- In the medium to long term, a bunch of alternatives will definitely emerge, but they will be more fragmented, more underground, and more costly
- There will be some negative impact on TRON’s revenue, but due to path dependence, it’s manageable for now
- For overall crypto prices, it’s almost just minor emotional volatility