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