Australia’s ASIC sues BPS for alleged misleading statements about Qoin

10/25 04:58

According to Bloomberg, the Australian Securities and Investments Commission has commenced civil penalty proceedings against BPS Financial for allegedly making false, misleading or deceptive representations and engaging in unlicensed conduct in relation to a non-cash payment facility involving a crypto-asset token called Qoin. “We allege that, despite what BPS represented in its marketing, Qoin merchant numbers have been declining, and that there have been periods of time where it was not possible to exchange Qoin tokens through independent exchanges. ASIC is particularly concerned about the alleged misrepresentation that the Qoin Facility is regulated in Australia,” Deputy Chair Sarah Court said.
bullishbullishbullish6bearishbearishbearishBajista1Compartir
Descargo de responsabilidadEl contenido anterior no representa las posiciones de HTX.HTX no ofrece ninguna recomendación de trading.

Artículos relacionados

  • Image

    Bitcoin Opens New Opportunities As The MVRV Ratio Falls Below A Key Threshold

  • Image

    In-Depth Research Report on U.S. Crypto Equity Market in 2026 — Opportunities, Risks, and Portfolio Allocation Framework

  • Image

    Ethereum Has Surpassed Bitcoin By 320% In This Major Metric, Is Price Next?

Todos los comentarios0Lo más recientePopular

avatar
Lo más recientePopular

Artículos relacionados

  • Image

    Bitcoin Opens New Opportunities As The MVRV Ratio Falls Below A Key Threshold

  • Image

    In-Depth Research Report on U.S. Crypto Equity Market in 2026 — Opportunities, Risks, and Portfolio Allocation Framework

  • Image

    Ethereum Has Surpassed Bitcoin By 320% In This Major Metric, Is Price Next?