Australian Regulatory Agency Fines BPS Financial $9.7 Million Due to Qoin Wallet Misconduct

By: theblockbeats.news|2026/01/28 00:00:43
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BlockBeats News, January 27th, according to The Block, the Federal Court of Australia ruled that BPS Financial Pty Ltd was fined 14 million Australian dollars (approximately 9.7 million U.S. dollars) for operating its Qoin wallet project without the necessary license and making misleading statements to consumers.

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