Australia's High Court unanimously rules Block Earner's crypto yield product required a financial license

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), tasted victory in its legal challenge of a now-discontinued Block Earner fixed-yield crypto product when the High Court submitted a 7-0 ruling in its favor today, June 17.  The court’s unanimous decision means that Block Earner is now being considered for running a financial product...