News list for "qoin"

The Australian Securities and Investments Commission (ASIC) has won a court case against BPS Financial. The company is accused of fraud in its cashless payment facilities backed by Qoin tokens. The Federal Court of Australia found that BPS had made four false claims. Specifically, BPS claimed that Qoin was registered or approved by the government, could lawfully complain, was freely convertible into other cryptoassets or fiat currencies, and was accepted by a growing network of merchants....

2024-05-04 11:08:31