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