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Australia’s Financial Watchdog Fights Back: ASIC Appeals Block Earner Ruling in High-Stakes Crypto Clash

Australia’s Financial Watchdog Fights Back: ASIC Appeals Block Earner Ruling in High-Stakes Crypto Clash

Coindesk
Author:
Coindesk
Release Time:
2025-05-21 08:50:00
0

Australian Securities Regulator Wants to Appeal High Court’s Decision on Block Earner

Regulators double down on enforcement—while the industry cries overreach. Who blinks first?

ASIC’s appeal targets a precedent-setting loss—one that could’ve given crypto startups breathing room. Now, the courts get another swing at defining ’financial product’ in the digital age.

Another day, another regulator treating DeFi like a piñata. Just don’t mention how slowly traditional finance moves.

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