Australian Fintech Finder Wins Court Battle over Crypto Yield Product

ASIC loses appeal in crypto case against Finder

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me The Full Court has rejected ASIC’s appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money.  Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me …

Finder Earn Wins Legal Battle Over Crypto in Australia

Finder.com’s Earn product was ruled not to be a financial product by Australia’s Federal Court The decision confirms that the product doesn’t meet the definition of a debenture under current law This marks a major precedent for how crypto yield products might be treated in Australia moving forward After nearly three years of legal back and forth, Finder.com just walked out of an Australian courtroom with a win—and it’s not a small one. This isn’…

Australian fintech Finder wins court battle over crypto yield product

Australia’s Federal Court ruled Finder’s Earn product is not a financial instrument, defeating ASIC’s appeal in a major win for the country’s fintech …

Australian fintech Finder wins court battle over crypto yield product - WorldNL Magazine

Australia’s Federal Court ruled Finder’s Earn product is not a financial instrument, defeating ASIC’s appeal in a major win for the country’s fintech sector. The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. In a Thursday court decision, Justices Ste…

Finder Triumphs In Court Over Crypto Yield Product Legal Dispute - Data Intelligence

Finder Triumphs in Court Over Crypto Yield Product Legal Dispute In a landmark decision that reverberates through the cryptocurrency and financial sectors, Finder, an Australian-based cryptocurrency brokerage, has emerged victorious in a legal dispute regarding its crypto yield product. This case not only sets a precedent for similar fintech operations but also addresses the regulatory complexities faced by crypto businesses globally. Background…