Australian Securities and Investments Commission v BPS Financial Pty Ltd (Penalty) [2026] FCA 18
ASIC v BPS Financial Pty Ltd (Penalty) [2026] FCA 18 has broader implications for crypto, fintech and digital payment businesses. The decision reinforces functional product regulation, strict licensing expectations, personal responsibility for marketing claims and the need to substantiate statements about liquidity, merchant growth and regulatory approval.
