National Bank of Cambodia Revokes Sky International's License, Initiates Liquidation
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The National Bank of Cambodia has revoked the payment service license of Sky International Technology and initiated bankruptcy liquidation proceedings. In March, Sky Technology was sanctioned by the UK government for allegedly providing financial support to a suspected telecom fraud park associated with the Prince Group. Sky International is the parent company of Xiao Yi Payment (CoolCash), which began the withdrawal repayment process in June.
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