According to Foresight News, citing The Block, the Federal Court of Australia ruled that the crypto-based "Earner" product by Block Earner did not violate local financial regulations. The court approved the company's appeal, dismissed the allegations raised by the Australian Securities and Investments Commission (ASIC), and ordered the regulatory body to bear all legal costs.
Australian court rules Block Earner did not violate local financial regulations and orders regulator ASIC to bear all legal costs
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