Cryptocurrency Qoin Terminated From Australia
Blockchain Australia has rejected the membership of its cryptocurrency Qoin. Qoin has nearly 28000 validated merchants. Blockchain Australia issued a statement that Qoin "has been asked to remove the Blockchain Australia logo and name in use of any promotional activity".
Blockchain Australia represents almost 70 organizations working in digital currency. Organizations like Victoria's Department of Economic Development, Jobs, Transport and Resources.
Qoin's chief marketing officer, Andrew Baker expressed his disappointment with the regulation. But they do not want any disciplinary action to affect trade. Andrew said, "we are licensed to do what we do, we do it within the means of law".
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