Business
Blockchain Australia ousts retail merchant crypto project Qoin – Cointelegraph
Blockchain Australia has ousted Qoin, a crypto project focused on retail merchants, amid allegations of the company running an MLM scheme.
Blockchain Australia the industry body for the novel tech in the country has expelled Qoin, a retail merchant crypto project based in Gold Coast, Queensland.
According to a notice of disciplinary action issued on Feb. 19, Blockchain Australia initially served Qoin with a summons to respond on Jan. 29.
However, Qoin reportedly failed to respond to the notice, forcing Blockchain Australia to expel the project from its membership ranks. Detailing its decision, the notice reads:
On 17 February 2021,…
-
Noosa News24 hours agoMeasles alert issued across popular south-east attractions
-
General24 hours agoSector warns Coalition’s plan to limit overseas students ‘straight out of Trump’s playbook’
-
Noosa News22 hours agoBrisbane’s covert cameras catching more than just litterbugs
-
General18 hours agoAlbo and Dutton do battle for the Port of Darwin