Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misre…
In recent developments, the Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading claims about its functionality. Permanent Ban on…
ASIC wins $9.3M penalty against BPS Financial over misleading Qoin Wallet
In recent developments, australia’s Federal Court ordered BPS Financial to pay $1.3 million for unlicensed conduct and $8 million for misleading and deceptive representations. Looking closer, market participants highlight key…
Coinbase Signals Next Financial Supercycle—Onchain Markets Poised to Reshap…
In recent developments, tokenization is emerging as a potential fix for global financial inequality, with Coinbase research arguing that bringing stocks and bonds onchain could unlock broader market access and…
Belarus establishes rules for ‘crypto banks’: check out the details
In recent developments, president Alexander Lukashenko signed Decree No. 19 to set operating rules and market entry conditions. Cryptobanks must become Hi-Tech Park residents and be registered in a central…
World Liberty Markets Goes Live, Giving USD1 a Lending and Borrowing Use Case
In recent developments, world Liberty Financial has launched its first web application, World Liberty Markets, introducing lending and borrowing functionality for its USD1 stablecoin through an integration with Dolomite. World…
UK’s FCA grants regulatory approval to Ripple
In recent developments, the approval allows limited crypto-related activities but not full financial services authorisation. Registration confirms compliance with anti-money laundering and counter-terrorist financing rules. The approval supports Ripple’s expansion…
Trump-Linked World Liberty Financial Seeks National Trust Bank Charter for US…
In recent developments, trump-linked World Liberty Financial is seeking a national trust bank charter to consolidate issuance, custody, and conversion of its fast-growing USD1 stablecoin under federal supervision, targeting rising…
Trump’s World Liberty Financial applies for banking charter to expand USD1
In recent developments, the Trumpfamily’s World Liberty Financial filed for a banking charter to gain greater control over its USD1 stablecoin and expand its adoption among institutions. Looking closer, market…
Trump-linked crypto firm faces auditor scrutiny as financial turmoil deepens
In recent developments, alt5 Sigma faces scrutiny after missing filings and hiring an auditor whose licence expired earlier this year. Trump-linked crypto deal draws attention as governance gaps and auditor…
Intuit to use Circle’s stablecoin for financial platforms
In recent developments, the company’s stablecoin infrastructure and USDC coin will be part of the deal, potentially to be embedded in Intuit’s financial platforms. Looking closer, market participants highlight key…
