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Local fintech Bobbob has paid $53,280 to resolve infringement notices issued in response to misleading claims it made about a crypto-asset linked investment product. ....
ASIC Penalizes Bobbob For Crypto Investment Product crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
ASIC: Fintech Company Pays Penalties For Crypto Product Representations mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.
ASIC has handed over a $53,280 infringement notice to fintech company Bobbob over concerns of potentially misleading some 700 customers to invest $1.6 million in its crypto-linked product. ....
There is a misguided perception that cryptocurrency is being used for short-term purposes with a quarter of Australians indicating they intend to hold it for over five years and 41% saving it for a house deposit. ....