ASIC Enforcement Action on Digital Assets: BPS Financial Penalty and Industry Implications

How the Federal Court Penalised Unlicensed and Misleading Conduct in the Digital Asset Space On 27 January 2026, the Australian Securities and Investments Commission (ASIC) secured a decisive Federal Court ruling against BPS Financial Pty Ltd for operating its Qoin Wallet product without the required licence and for engaging in misleading conduct related to that […]