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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
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:
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Related News

Bitcoin slips below $68,000 heading into the weekend as dollar posts steepest weekly gain in a year

CoinDesk•1h ago

Bitcoin dip may not be over as retail ramps up buying below $70K: Santiment

Cointelegraph•1h ago

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

CoinDesk•1h ago

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

Cointelegraph•2h ago
← Back to News Feed
The Signal Logo
THE SIGNAL
PARTNERSINSIGHTSEVENTS
GET 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

Bitcoin slips below $68,000 heading into the weekend as dollar posts steepest weekly gain in a year

CoinDesk•1h ago

Bitcoin dip may not be over as retail ramps up buying below $70K: Santiment

Cointelegraph•1h ago

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

CoinDesk•1h ago

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

Cointelegraph•2h ago
← Back to News Feed