Ethereum

Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation

info@uweb3.io
By info@uweb3.io

Share This Post

The Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading claims about its functionality. Permanent Ban on Qoin Promotion The Australian Federal Court has ordered digital currency payments provider BPS Financial to pay total pecuniary penalties of $9.7 million (AUD$14 million) following a lengthy legal […]

Related Posts

SEC Change to Quorum Rules Took Affect After Commissioner Departed

After US lawmakers failed to pass a comprehensive digital...

Sberbank Secures Russia’s Approval for Crypto Trading

Cointelegraph is committed to providing independent, high-quality journalism across...

Fairshake PAC Reports $2.7M in Spending on ’Pro-Crypto’ Candidates

Affiliate entities of Fairshake, the US political action committee...

France Lawmakers Back $112K Crypto Wallet Disclosure Proposal

French lawmakers have backed a proposal that would require...

FSB Outlines Stablecoin and AI Priorities for G20

The Financial Stability Board (FSB), a global financial watchdog,...

Kraken Parent Receives VARA Approval for UAE Expansion

Payward, the parent company of cryptocurrency exchange Kraken, has...
Previous article
Startup Plans to Use AI to Optimize How AI Chips Are Made
Next article
Why a drug trafficker turned to Bitcoin as digital coin of choice to import fentanyl – DL News