[ccpw id="5"]

Thursday, December 8, 2022
HomeAnalysisBlock Earner sued over crypto-yield merchandise, CEO requires readability By Cointelegraph

Block Earner sued over crypto-yield merchandise, CEO requires readability By Cointelegraph

-

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.

Continue Reading on Coin Telegraph

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Athletes took crypto as compensation. As of now, that is backfiring.

As cryptocurrency gained extra recognition in recent times, a number of athletes acquired into the digital property area by accepting a few of their wage...

Why is Bitcoin worth down right this moment?

Bitcoin (BTC) worth has seen a gradual decline in its bullish momentum to hit a brand new month-to-month low at $16,736 on Dec. 3. The transfer...

Justice Dept Arrests CTO of Blockchain Firm on Fees He Defrauded Agency of Extra Than $1M

According to the indictment, in 2018, Thapa agreed to obtain and maintain $1 million of his firm’s cash in his private checking account whereas the...

Most Popular