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Huione Bank’s business license has been revoked by Cambodia -- Huione countdown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