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The Federal Court of Australia has overturned a previous unfavorable judgment against crypto lending platform Block Earner
The Federal Court of Australia overturned a previous adverse judgment against crypto lending platform Block Earner, finding that its crypto-backed Earner products did not violate local financial regulations. The court ruled that Block Earner's blockchain lending products are fixed-term loan agreements, not financial investment products that require regulatory approval. The court not only dismissed all the charges by the Australian Securities and Investments Commission (ASIC), but also asked ASIC...
2025-04-22 13:52:44
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