Viewing a response to: @leothreads/leothread-2024-04-10-13-36
🧵 1. Australian regulator ASIC appeals Federal Court's ruling in Finder Wallet's crypto product case, challenging dismissal of allegations against 'Finder Earn'. #crypto
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🧵 3. Finder Wallet's Earn product allowed users to convert Australian dollars to stablecoin; discontinued after ASIC's concerns, with customer funds fully refunded.
| author | cryptoinsights | ||||||
|---|---|---|---|---|---|---|---|
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🧵 Read more at: https://cryptonews.com/news/australian-regulator-asic-appeals-loss-finder-crypto-product-verdict.htm
| author | cryptoinsights | ||||||
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| created | 2024-04-10 14:29:24 | ||||||
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🧵 2. ASIC concerned about licensing and consumer safeguards for Finder Wallet's Earn product, as court previously deemed it compliant and not an unlicensed financial service.
| author | cryptoinsights | ||||||
|---|---|---|---|---|---|---|---|
| permlink | re-cryptoinsights-kpzumq | ||||||
| category | hive-167922 | ||||||
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| created | 2024-04-10 14:29:15 | ||||||
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