Steven Pettigrove and Luke Higgins explore the Full Federal Court’s decision in ASIC v Web3 Ventures Pty Ltd [2025] FCAFC 58, which overturned a ruling that Block Earner’s fixed-yield product was a financial product. The article examines the Court’s reasoning and implications for licensing requirements and innovative blockchain-based financial services in Australia.
Authors:
Steven Pettigrove, Partner
Email: spettigrove@piperalderman.com.au
Luke Higgins, Associate
Email: lkhiggins@piperalderman.com.au