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Australian Court Rules in Favor of Crypto Firm in Landmark Regulatory Case

Australian Court Rules in Favor of Crypto Firm in Landmark Regulatory Case

Published:
2025-07-29 15:51:02
21
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BTCCSquare news:

The Full Federal Court of Australia delivered a decisive verdict on July 24, 2025, dismissing ASIC's appeal against Wallet Ventures Pty Ltd. The ruling confirms that Finder Wallet's 'Finder Earn' product does not constitute a regulated financial product under current legislation.

This judgment marks a significant precedent for crypto-asset products in Australia, potentially limiting regulators' ability to impose traditional securities frameworks on innovative digital asset offerings. Market participants view the decision as a victory for crypto innovation amid growing global regulatory scrutiny.

|Square

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