From piperalderman.com.au: The ATO may face a $600 million Bitcoin refund bill if a recent legal case determines Bitcoin is classified as money rather than property, challenging five years of existing tax rulings.… read more
From financialnewswire.com.au: The Australian Securities and Investments Commission is appealing to the High Court for clarification on the definition of “financial product,” particularly concerning crypto-assets.… read more
From asic.gov.au: ASIC is seeking special leave from the High Court to appeal a Full Federal Court decision which determined that Block Earner’s product, offering fixed yield returns from lending specific crypto-assets, is not classified as a financial product.… read more
From www.investmentlawwatch.com: [US context] On May 15, 2025, the SEC’s Division of Trading and Markets issued new FAQs clarifying the application of broker-dealer and transfer agency rules to crypto asset activities, while also withdrawing previous guidance from July 2019.… read more
From cointelegraph.com: A recent Australian court ruling determined that Bitcoin should be classified as money rather than a taxable asset, which could lead to up to $640 million in potential tax refunds.… read more
From legalvision.com.au: The Federal Court of Australia ruled that Kraken’s “Margin Extension” product qualifies as a credit facility, necessitating compliance with Australian financial regulations, including the issuance of a Target Market Determination.… read more
From piperalderman.com.au: The potential of blockchain technology and tokenization is transforming voluntary carbon markets through enhanced transparency, trust, and regulatory innovation.
Bhutan has launched a national crypto tourism payment system in partnership with Binance, enabling cryptocurrency payments for various services to promote financial inclusion.… read more
From thestreet.com: [US context] Missouri House Bill 594 proposes to eliminate the capital gains tax, including profits from digital assets like Bitcoin and XRP, pending Governor Mike Kehoe’s signature.… read more
From piperalderman.com.au: The US Senate’s GENIUS Act for regulating stablecoin issuance has encountered setbacks as bipartisan support wanes due to demands for stricter anti-money laundering provisions and consumer protections.… read more
From financialnewswire.com.au: BTC Markets has welcomed the re-election of the Albanese Labor Government, emphasizing that it brings the necessary stability and legislative mandate to advance digital asset regulation in Australia.… read more
From piperalderman.com.au: The US Federal Reserve has withdrawn its previous guidance that restricted banks from engaging with crypto-related products, allowing banks to explore these opportunities freely.… read more
From gtlaw.com.au: The Federal Court clarified crypto regulation by ruling that Web3 Ventures Pty Ltd’s Earner product is not a financial product, dismissing ASIC’s appeal.… read more
From www.acuitymag.com: The cryptocurrency market has experienced significant collapses, resulting in billions of dollars in losses for investors across various platforms like FTX, Mt. Gox, and Celsius.… read more
From piperalderman.com.au: Block Earner won a significant legal victory when the Full Federal Court ruled that its fixed-yield product did not qualify as a financial product under the Corporations Act, thus not requiring an Australian Financial Services Licence.… read more
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