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Regulatory

ASIC prevails in landmark case against BPS Financial

ASIC has won a case against BPS Financial, following a Federal Court ruling that found the latter guilty of offering 'Qoin Wallet,' a non-cash payment facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence (AFSL).

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Read more: CryptoASICBPS FinancialFederal CourtAustralian Financial Services LicenceJoe LongoBTXExchange