Australia Fines Qoin Wallet Operator $14 Million for Unlicensed Activity
In brief A federal court found BPS Financial promoted and operated the Qoin Wallet for nearly three years without an Australian financial services licence. The...
Tag : Qoin
Australian Court Penalizes BPS Financial Over Crypto Qoin Wallet Promotion
The Australian Securities and Investments Commission (ASIC) said Tuesday that a Federal Court has slapped AU$14 million ($9.6 million) on Gold Coast-based BPS Financial for...
ASIC wins $9.3M penalty against BPS Financial over misleading Qoin Wallet
Australia’s financial watchdog secured a court victory against financial services company BPS Financial Pty Ltd (BPS), with the Federal Court ordering the company to pay...