BPS Financial cops $14m fine
BPS Financial, which had been part of the Gold Coast-headquartered Bartercard Group, has copped a $14 million penalty over its Qoin cryptocurrency products.
The Federal Court this week found BPS Financial must pay the penalties over its promotion and operation of its ‘Qoin Wallet’ crypto product.
BPS Financial promoted the Qoin Wallet as a non-cash paymen…
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