Cambodia2026-09-14 01:25:24Cambodia Revokes Payment License of CoolCash Parent Company, Orders LiquidationCambodia’s central bank has revoked the payment service provider license of Tianxu International Technology Co., Ltd., the parent company of payment platform CoolCash, also known as Xiaoyi Pay, and placed the company into liquidation. According to a notice issued on the 10th, the National Bank of Cambodia said the license was revoked on Aug. 3. The license had originally been granted on May 27, 2024, with validity through 2030. The central bank also appointed Morrison Kak MKA, an audit and accounting firm, as liquidator under Article 68 of the Law on Banking and Financial Institutions, with instructions to handle the liquidation and return relevant funds to customers in the legal order of priority. The development follows UK sanctions imposed in March on both Tianxu International Technology and its director Pang Weizhi. UK sanctions documents say Pang, who holds Cambodian and Chinese nationality and is also known in Khmer as Pang Visal, served as a director of Tianxu International Technology and U-Life KH Super App Company Limited, the parent of food delivery platform Elephant Takeaway. The UK said it had reasonable grounds to suspect links to Prince Group.990
Ripple2026-07-23 10:10:15Ripple to Obtain Australian Financial Services License via BC Payments AcquisitionRipple plans to acquire BC Payments Australia to secure an Australian Financial Services License, ahead of new crypto regulations taking effect on June 30, 2026. The deal is expected to close on April 1. Ripple's APAC head calls Australia a key market, focusing on end-to-end transaction compliance and infrastructure integration.670
Checkout.com2026-07-22 17:20:14Checkout.com Acquires Blue EMI, Gains Licensed Access to Euro-Backed StablecoinsUK-based payments firm Checkout.com acquires regulated EMI Blue EMI, gaining license to issue euro-backed stablecoins. It also plans to open a tech hub in Vilnius, expanding European digital payment infrastructure.460
OKX2026-07-22 11:00:13OKX Secures Malta Payment License, Locks in Stablecoin Compliance Ahead of MiCA DeadlineOKX has obtained a Payment Institution license in Malta, ensuring its stablecoin payment services comply with the EU's MiCA framework before the March deadline. OKX Pay and OKX Card are now fully regulated across the EEA.2130
Revolut2026-06-17 11:53:00Revolut Secures UAE Central Bank Licenses for Middle East EntryCrypto-friendly digital bank Revolut has received licenses approved by the Central Bank of the UAE, including Stored Value Facilities and retail payment services permissions, as it prepares to enter the UAE market.620
