Consumer Protection

Blockchain News

A cryptocurrency kiosk in Virginia under new regulatory legislation for consumer protection.
Blockchain News

Virginia Crypto Kiosk Regulation Bill: Critical Consumer Safeguards Await Governor’s Crucial Decision

February 15, 2026 j n

Richmond, Virginia – April 2025: In a decisive move to protect consumers from escalating financial scams, the Virginia General Assembly has passed a comprehensive crypto kiosk regulation bill, sending it to Governor Glenn Youngkin’s desk for final approval. This landmark legislation, formally known as Senate Bill 439, establishes a first-of-its-kind regulatory framework for cryptocurrency automated […]

Australian Federal Court imposes a $9.9 million fine on BPS Financial for Qoin wallet false advertising.
Blockchain News

Australian Crypto Wallet Operator Hit with $9.9M Fine for Deceptive Advertising

January 29, 2026 j n

Sydney, Australia, April 2025: The Australian Federal Court has delivered a landmark ruling, imposing a staggering 14 million Australian dollar ($9.9 million) fine on BPS Financial Pty Ltd, the operator behind the Qoin cryptocurrency wallet. This decisive penalty stems from findings of systemic false advertising and misleading conduct, marking one of the most significant enforcement […]

ASIC warns of crypto regulatory gaps posing a critical 2026 financial risk to consumers.
Ethereum News

Crypto Regulatory Gaps: ASIC’s Critical Warning for 2026 Financial Security

January 27, 2026 j n

Sydney, Australia – May 2025: The Australian Securities and Investments Commission (ASIC) has issued a stark warning, identifying significant crypto regulatory gaps as a paramount risk to financial stability and consumer protection for the year 2026. This formal declaration marks a pivotal moment in Australia’s approach to overseeing the rapidly converging sectors of cryptocurrency, digital […]