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ASIC Takes Crypto Battle to High Court After Block Earner Defeat

ASIC Takes Crypto Battle to High Court After Block Earner Defeat

Australia’s top regulator escalates legal fight to redefine financial products in crypto, seeking clarity after its loss over yield-bearing DeFi se...
ASIC seeks High Court appeal on full Federal Court ruling on crypto yield products

ASIC seeks High Court appeal on full Federal Court ruling on crypto yield products

Corporate regulator ASIC on May 21 sought special leave from the High Court to appeal the Full Federal Court decision favoring the Block Earner exc...
Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner

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

The Australian court found that the discontinued ‘Earner’ product was a loan, not a managed investment scheme, dismissing ASIC's allegations. The p...
Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Venture...
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only

Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only

Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around i...