ASIC fires industry warning shot as it sues BPS Financial over crypto promo
The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in unlicensed conduct. Australia’s financial regulator has issued a stark warning to Australian crypto asset providers amid launching civil proceedings against Australian firm BPS Financial Pty Ltd (BPS) over “misleading” representations concerning its Qoin crypto token. …
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