Block Earner sued over crypto-yield merchandise, CEO requires readability
The CEO of fintech agency Block Earner has lashed out over the “lack of clarity” in Australia’s monetary licensing regime after his firm was sued by the nation’s monetary providers regulator for offering unlicensed crypto-based funding merchandise.
The Australian Securities and Investment Commission (ASIC) introduced on Nov. 23 native time that it began civil authorized proceedings in opposition to the corporate as a result of it provided three crypto-linked fixed-yield incomes merchandise with out an Australian Financial Services (AFS) license.
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