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Australian Regulator Appeals Ruling on Block Earner Crypto Offering
22.5.2025
An Australian regulator announced plans to seek special leave from the High Court to appeal a recent ruling that determined cryptocurrency firm Block Earner’s offering was not a financial product. ASIC Seeks Definitive Ruling on What Constitutes a Financial Product The Australian Securities...
Australian regulator asks High Court to allow appeal in Block Earner case
22.5.2025
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 a financial product.The Australian Securities and Investment...
ASIC Seeks High Court Review in Block Earner Crypto Yield Case
21.5.2025
Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has officially requested special leave from the High…
Australian Securities Regulator Wants to Appeal High Court's Decision on Block Earner
21.5.2025
The High Court in March 2024 dismissed ASIC's allegations that Block Earner had engaged in unlicensed financial services by offering its DeFi product Access
Australia’s top court sides with Block Earner, dismisses ASIC appeal
23.4.2025
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not...
Australia’s top court sides with Block Earner, dismisses financial regulator's suit
23.4.2025
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not...
Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty
20.6.2024
Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner...
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
17.6.2024
Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of an Australian crypto startup. The co-founder expressed optimism that the Australian Securities...
Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator’s Misleading Press Release
5.6.2024
A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial services law when it offered the Earner product. According to the ruling, Block Earner “acted honestly and not carelessly,” hence it should not be made to pay...
Australian Regulator Scolded Over 'Misleading' Release, Must Pay Costs as Block Earner Avoids Penalty
4.6.2024
Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services
Block Earner spared penalty in regulator’s crypto yield suit
4.6.2024
The Australian federal court relieved Block Earner from paying a penalty after an Australian regulator’s legal action over unlicensed crypto yield-bearing products
Australian Court Dismisses Allegations Against Block Earner’s DeFi “Access” Service
12.2.2024
An Australian court has dismissed allegations relating to Block Earner’s DeFi “Access” service in a legal case brought by the Australian Securities and Investments Commission (ASIC). Justice Ian McNeil Jackman, who presided over the case, has delivered a split decision regarding...
Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner
12.2.2024
An Australian court has given a split decision in a case brought by Australia's markets regulator against Sydney-based crypto start-up Block Earner
Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct
9.2.2024
An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Earner engaged in unlicensed financial services conduct when offering...
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
8.9.2023
Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn product
Block Earner CEO calls for licensing clarity after being sued for crypto products
24.11.2022
Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines
Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase Transaction on a Blockchain-based Network
23.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase...
Australia's Markets Watchdog Sues Fintech Company Block Earner
23.11.2022
Australia's markets regulator, ASIC, is suing the company for allegedly providing financial services that should be licensed, leaving "consumers without important protections."
Crypto ad spending may be down, but awareness remains critical: Experts
18.8.2022
Though crypto television ad spending is down, crypto firms continue to see ad spending as important to keep their brands relevant during a down market
Investors shifting toward lower-risk crypto yields: Block Earner GM
26.7.2022
The Australian fintech company has seen a surge in investors wanting a “less risky version” of double-digit crypto returns