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High Court puts ASIC’s crypto argument to the test — Capital Brief

High Court puts ASIC’s crypto argument to the test — Capital Brief





High Court puts ASIC’s crypto argument to the test — Capital Brief






















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The first crypto case to reach the High Court may turn on two “simple” arguments — and whether ASIC’s logic stretches far beyond digital assets.

ASIC is paying the costs of Block Earner for the test case.
SIPA USA

For the Australian Securities and Investments Commission (ASIC), the first crypto case in the High Court turns on a “simple” argument — if a scheme offers a return on an investment, it is a financial product under the Corporations Act.

The…

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