From piperalderman.com.au: The Full Federal Court in Australia overturned a prior ruling, determining that Block Earner’s fixed-yield ‘Earner’ product does not qualify as a “financial product” under the Corporations Act, and thus does not require an Australian Financial Services Licence.… read more
From www.accountingweb.co.uk: Artificial intelligence agents are increasingly being integrated into accounting practices, offering new efficiencies.
Xero has introduced a direct bill payments feature to facilitate smoother transactions for users.… read more
From hallandwilcox.com.au: On April 22, 2025, the Full Federal Court ruled that Web3 Ventures Pty Ltd (Block Earner) did not breach financial services laws, overturning earlier decisions and clarifying that fixed interest crypto lending products may not automatically be classified as financial products.… read more
From asic.gov.au: The Full Federal Court ruled that Block Earner did not require a financial services license to offer its digital asset-related Earner product, overturning a previous decision that classified the product as a financial product.… read more
From cadenalegal.com.au: Tokenisation of real estate in Australia involves converting ownership interests into digital tokens on a blockchain, promising benefits like increased liquidity and fractional ownership.… read more
From decrypt.co: The Full Federal Court of Australia ruled in favor of crypto lender Block Earner, determining that its lending product was a fixed-term loan rather than a regulated financial product requiring licensing.… read more
From publicaccountant.com.au: Understanding cryptocurrency compliance for accountants: investment and trading can be treated differently under Australian tax law.
The Australian Tax Office classifies crypto investments similarly to shares, with distinctions made for capital gains tax versus revenue for day trading.… read more
From piperalderman.com.au: The U.S. SEC has issued a statement clarifying that ‘covered stablecoins’ will not be classified as securities, marking a significant shift in regulatory stance and allowing the use of existing stablecoins without threat of enforcement action.… read more
From www.investmentlawwatch.com: The SEC’s Division of Corporation Finance issued a statement on April 10, 2025, outlining disclosure requirements for certain registration forms related to crypto assets under the Securities Act of 1933 and the Securities Exchange Act of 1934.… read more
From cryptonews.com.au: A study from the University of Adelaide reveals that Self-Managed Super Funds have outperformed traditional super funds in Australia by 1.2% per year over five years.… read more
From www.smsfadviser.com: Cryptocurrencies provide SMSF trustees with a flexible investment option, allowing for small purchases and easy market entry.
Cryptocurrencies can fit into the traditional investment strategies recommended by banks, where clients might allocate 5 to 15 percent of their portfolio to alternative investments.… read more
From www.cglaw.com.au: Recent legal developments in Australia have confirmed that cryptocurrency is classified as personal property, specifically a chose in action, according to the Supreme Court of Victoria in the case of Re Blockchain Tech Pty Ltd.… read more
From piperalderman.com.au: Robinhood has introduced three AI-integrated financial products aimed at younger investors, designed to enhance wealth management and private banking services.
CME Group, in collaboration with Google Cloud, is piloting a tokenisation program to simplify asset management and value transfers using a private blockchain.… read more
From www.investmentlawwatch.com: On April 4, 2025, the SEC’s Division of Corporation Finance issued a statement declaring that the offer and sale of certain “Covered Stablecoins,” which are crypto assets designed to maintain a one-for-one value with the US Dollar and backed by readily liquid assets, do not constitute securities under federal laws.… read more
From www.smsfadviser.com: Research from CoreData reveals that 77% of financial advisers believe fewer than 5% of their clients invest in cryptocurrencies, while a direct survey shows 38% of Australian investors currently hold crypto assets.… read more