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© 2026 THE SIGNAL. All rights reserved.

THE SIGNAL

Where Web3 founders, talent, and partners meet.

Categories

  • AI
  • RWA
  • Market Making
  • Advisory
  • DeFi
  • Software Development
  • All Categories

Marketplace

  • Partners Directory
  • All Categories
  • For Founders
  • Find Your Match
  • Pricing
  • Request Board
  • Find a Partner
  • My Requests

Get Involved

  • Get Listed
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Get Your Badge
  • 📅 Book a Call

News & Intelligence

  • Web3 News
  • Daily Digests
  • Intelligence Reports
  • Web3 Events
  • RSS Feed
  • Substack Newsletter

Company

  • About
  • How It Works
  • Manifesto
  • Demo

Legal

  • Privacy
  • Terms
  • Cookies

Resources

  • Media Kit
  • Sales Decks
  • Docs

© 2026 THE SIGNAL. All rights reserved.

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News
BPS Financial Hit with $9.3M Penalty Over Misleadi...
Cointelegraph•Tuesday, January 27, 2026 at 07:34 AM•1 min read

BPS Financial Hit with $9.3M Penalty Over Misleading Qoin Wallet Claims

Share:
The Signal TakeBearish
RegulationAltcoins

The Australian Securities and Investments Commission (ASIC) secured a significant legal victory against BPS Financial. According to reports, the Federal Court of Australia has ordered BPS Financial to pay a total of $9.3 million in penalties. The breakdown includes $1.3 million for engaging in unlicensed conduct and an additional $8 million for making misleading and deceptive representations related to the Qoin Wallet. The development highlights regulatory scrutiny in the digital asset space.

Read full story at Cointelegraph
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The Signal Logo
THE SIGNAL
PARTNERSINSIGHTSEVENTS
Partner LoginGET LISTED
News
BPS Financial Hit with $9.3M Penalty Over Misleadi...
Cointelegraph•Tuesday, January 27, 2026 at 07:34 AM•1 min read

BPS Financial Hit with $9.3M Penalty Over Misleading Qoin Wallet Claims

Share:
The Signal TakeBearish
RegulationAltcoins

The Australian Securities and Investments Commission (ASIC) secured a significant legal victory against BPS Financial. According to reports, the Federal Court of Australia has ordered BPS Financial to pay a total of $9.3 million in penalties. The breakdown includes $1.3 million for engaging in unlicensed conduct and an additional $8 million for making misleading and deceptive representations related to the Qoin Wallet. The development highlights regulatory scrutiny in the digital asset space.

Read full story at Cointelegraph
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction

CoinDesk•1h ago

MegaETH token goes live as major exchanges open MEGA trading

The Block•2h ago

US seized $500M in Iranian crypto assets, Treasury secretary says

Cointelegraph•2h ago

Wasabi Protocol hit by more than $5 million exploit across multiple chains, security firms say

The Block•2h ago
← Back to News Feed