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© 2026 THE SIGNAL. All rights reserved.

THE SIGNAL
BY
THE ARCH

Where Web3 founders, talent, and partners meet.

Directory

  • Partners Directory
  • All Categories
  • Compare Partners
  • For Founders
  • Find Your Match
  • Pricing

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

  • Guides
  • Sales Decks
  • Docs

© 2026 THE SIGNAL. All rights reserved.

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News
Australian Regulator Penalizes BPS Financial $9.7M...
The Block•Tuesday, January 27, 2026 at 01:52 PM•1 min read

Australian Regulator Penalizes BPS Financial $9.7M for Qoin Wallet Issues

Share:
The Signal TakeBearish
RegulationAltcoins

The Australian Securities and Investments Commission (ASIC) has secured a significant penalty against BPS Financial. According to reports, Australia's Federal Court has ordered BPS Financial to pay $14 million AUD, which is equivalent to $9.7 million USD, after the regulator proved unlicensed and misleading conduct related to the Qoin Wallet. The development highlights the ongoing regulatory scrutiny of digital asset services and the importance of compliance within the cryptocurrency industry.

Read full story at The Block
Share:
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Related News

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says

CoinDesk•43m ago

Trump’s National Cyber Strategy pledges to support crypto and blockchain

Cointelegraph•1h ago

Trump Met Privately With Coinbase CEO Before Blasting Banks Over Crypto Bill: Report - Yahoo Finance

Apify/Yahoo Finance•1h ago

Trump Met Privately With Coinbase CEO Before Blasting Banks Over Crypto Bill: Report - Yahoo Finance

Apify/Yahoo Finance•1h ago
← Back to News Feed
The Signal Logo
THE SIGNAL
PARTNERSINSIGHTSEVENTS
GET LISTED
News
Australian Regulator Penalizes BPS Financial $9.7M...
The Block•Tuesday, January 27, 2026 at 01:52 PM•1 min read

Australian Regulator Penalizes BPS Financial $9.7M for Qoin Wallet Issues

Share:
The Signal TakeBearish
RegulationAltcoins

The Australian Securities and Investments Commission (ASIC) has secured a significant penalty against BPS Financial. According to reports, Australia's Federal Court has ordered BPS Financial to pay $14 million AUD, which is equivalent to $9.7 million USD, after the regulator proved unlicensed and misleading conduct related to the Qoin Wallet. The development highlights the ongoing regulatory scrutiny of digital asset services and the importance of compliance within the cryptocurrency industry.

Read full story at The Block
Share:
📱

Never miss a Web3 update

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

Join Channel

Related News

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says

CoinDesk•43m ago

Trump’s National Cyber Strategy pledges to support crypto and blockchain

Cointelegraph•1h ago

Trump Met Privately With Coinbase CEO Before Blasting Banks Over Crypto Bill: Report - Yahoo Finance

Apify/Yahoo Finance•1h ago

Trump Met Privately With Coinbase CEO Before Blasting Banks Over Crypto Bill: Report - Yahoo Finance

Apify/Yahoo Finance•1h ago
← Back to News Feed