[Cambodian Payment Platform CoolCash's Parent Company Involved in Prince Group Case Has License Revoked and Enters Liquidation Process] According to the Cambodia-China Times, the parent company of Cambodian payment platform CoolCash (Xiaoyi Payment), Tianxu International Technology Co., Ltd., has had its payment service provider license revoked and has entered the liquidation process. The company and its director, Pang Weizhi, were accused of being associated with the Prince Group and were placed on the UK government's sanctions list in March this year. The license was issued on May 27, 2024, and was originally valid until 2030. UK sanction documents indicate that Pang Weizhi holds Cambodian and Chinese nationalities, has the Khmer name Pang Visal, and serves as a director of Tianxu International Technology and the parent company of WOWNOW (Elephant Delivery), U-Life KH Super App Company Limited.