According to PANews, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) proposed to prohibit U.S. financial institutions from opening or maintaining accounts for Cambodia's Huione Group. Treasury Secretary Scott Bessant said the Huione Group has become the preferred market for cyber criminals, stealing billions of dollars. Huione Group's businesses include payment service platform Huione Pay PLC, cryptocurrency exchange Huione Crypto and online trading platform Haowang Guarantee for illegal goods and services.