The High Court of Australia has granted the Australian
Securities and Investments Commission special leave to appeal a ruling in
favour of digital asset provider Block Earner. The case concerns whether the
company’s…
In brief
Block Earner said it will issue loans covering up to 50% of a property’s value by locking Bitcoin in third-party custody.
The company claims to have received $110 million in…
Australia’s financial regulator will seek the High Court’s permission to appeal a lower court’s ruling favoring fintech firm Block Earner, which found the company’s crypto-linked fixed-yield earning service is not…
In brief
Australia’s corporate regulator is seeking High Court approval to appeal a ruling that favoured crypto firm Block Earner over the classification of digital asset yield products.
ASIC is asking the…