Huione Pay

Notes

Verified compliance review, 30/07/2026. Assessment: suspected_fraud. Licence verdict: unlicensed. Confidence: high. Sanctions / enforcement: CONFIRMED against a primary source. FinCEN imposed the fifth special measure under Section 311 of the USA PATRIOT Act against Huione Group as a foreign financial institution of primary money laundering concern — final rule published 16 October 2025 (90 FR, doc. 2025-19571), effective 17 November 2025, prohibiting US financial institutions from opening or maintaining correspondent accounts for Huione Group. The rule defines the group as 'All subsidiaries, branches, and offices of Huione Group operating as a financial institution in any jurisdiction outside of the United States, including Haowang Guarantee (formerly known as Huione Guarantee), Huione Pay PLC, and Huione Crypto Spółka Z Ograniczoną Odpowiedzialnością (d/b/a Huione Crypto).' The rule also records that Huione Pay PLC's National Bank of Cambodia payment services institution licence was revoked in March 2025, that Huione Pay Inc. was a registered MSB in Canada until December 2023, and that Huione Crypto held three FinCEN MSB registrations (April 2023, August 2024, February 2025). Preceded by the NPRM of 5 May 2025 (doc. 2025-07837); FinCEN has since proposed amending the definition to add H-Pay Service PLC and to define 'successor entity' (doc. 2026-12794, 25 June 2026; comment period extended to 2 August 2026 by doc. 2026-15030). The site is live but is a template marketing page — the only identifiable party on it is an individual named in the copyright line (Jason Teo, 2021) and a single @huione.biz email; there is no corporate identity, terms of service, AML statement or licence anywhere on it. That alone is disqualifying for anything claiming to run cross-border clearing. Status set to suspected_fraud rather than confirmed_fraud because a criminal conviction has still not been verified — a Section 311 special measure is an administrative finding of primary money laundering concern, not a conviction. Note also the .biz domain: our sheet's name field says huionepay.com.kh, which is a different domain and should be checked separately. 2nd pass: the previously unverified enforcement history is now CONFIRMED from a primary source. FinCEN's news-release index and OpenCorporates were unreachable (404 / 403), but the Federal Register API (federalregister.gov/api/v1/documents.json?conditions[term]=Huione) returned seven FinCEN documents, and the 16 October 2025 final rule was read in full. From it: legal_entity_name set to 'Huione Pay PLC'; jurisdiction set to Cambodia with the Hong Kong 2018 incorporation of the parent noted; the National Bank of Cambodia licence revocation (March 2025) is now recorded as a licence entry with status 'revoked' and a primary source_url; and the related group entities are listed in other_entities. No company registration number appears in the rule, so registration_number is deliberately left empty. licence_verdict stays 'unlicensed' — the only known licence is revoked. Confidence raised from low to high for the enforcement and entity facts; the site-level contact details remain unverified.

Licences

Licences held by entities in this group.

No active licences on record.

Regulator actions

No regulator action recorded.

Official channels

No official channels on record.

Anything not on this list is not an official Huione Pay channel.

Contact routes