On July 24, 2025, the Full Federal Court of Australia delivered its judgment in the case of ASIC v Wallet Ventures Pty Ltd [2025] FCAFC 93, rejecting the appeal filed by the Australian Securities and Investments Commission (ASIC). This highly anticipated ruling addresses the regulatory classification of cryptocurrency-related financial products.
The court's decision confirms that Finder Wallet’s "Finder Earn" offering does not fall under the definition of a financial product, which has significant implications for the regulation of crypto-assets in Australia.
