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Australia’s High Court Rules Block Earner’s Fixed-Yield Crypto Product Requires Financial Services License

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2026-06-17 10:03:48
Australia’s High Court unanimously ruled that Block Earner’s fixed-yield digital asset product, Earner, is a regulated financial product and requires an Australian financial services license to be offered.

According to ChainCatcher, the decision supported an appeal by the Australian Securities and Investments Commission and overturned a lower court ruling that had previously been more favorable to Block Earner.
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