Today, Huawang Payment issued a statement responding to recent rumors about its company operations, stating that these rumors are false and emphasizing that legal measures will be taken against the malicious rumor-mongering by criminals. Here is the full statement:
Huawang Payment Statement
Recently, certain foreign media published false reports about Huawang Payment, leading other media and self-media to follow suit with false news, seriously misleading the public and damaging the reputation of Huawang Payment. To clarify the facts, we hereby issue this statement:
1. Huawang Payment in Cambodia is fully compliant, and users can use it with confidence
The business operations of Huawang Payment fully comply with the laws and regulations of Cambodia, and all users can use our services with confidence. We are always committed to providing payment solutions that meet regulatory requirements.
2. Regarding the false reports by foreign media
This foreign media has long been characterized by spreading false information and maliciously smearing companies, and has been criticized and accused by governments of various countries multiple times. This media has no legal qualifications to conduct interviews or report in Cambodia, and its statements are baseless, and the media has been shut down and blocked by the Cambodian government.
3. About the operation of Huawang Payment
The current business operations of Huawang Payment do not require a bank license, but hold a valid payment license. Recently, during the payment license renewal process, some malicious individuals have smeared the company through malicious rumors, and Huawang Payment reserves the right to pursue related responsibilities.
4. The internationalization process of Huawang Payment
The internationalization process of Huawang Payment is continuously advancing, and we have upgraded payment and blockchain services in markets such as Japan, Korea, and North America. Through decentralized wallets, we provide a broader and higher quality financial service to global users.
5. The launch of new products
We are always committed to providing users with safe, stable, and reliable financial services. In the future, we will launch new products such as decentralized wallets and cold wallets, further promoting global financial technology innovation and moving towards a digital future.
6. Accountability for criminals spreading rumors
For some criminals who take the opportunity to spread rumors and maliciously attack, we will seriously trace and reserve the right to pursue legal responsibilities.
Huawang Payment will continue to uphold compliant operations, promote the progress of global financial technology, and provide high-quality payment services to a wide range of users.
