Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner

Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner

The Federal Court of Australia has ruled in favor of crypto lender Block Earner, overturning a decision that it needed an Australian financial services license (AFSL) to offer its crypto-linked ‘Earner’ product. The court has dismissed the financial regulator ASIC’s suit to impose penalties on the digital asset platform. Per a Tuesday judgment, the court […]

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