May 20
Block Earner wins Australia’s first crypto credit licence
The licence enables Block Earner to originate, underwrite and offer regulated digital asset-backed credit products.
➤ Block Earner has secured Australia's first crypto credit license from ASIC, enabling regulated digital asset-backed lending. ➤ The license allows Block Earner to originate and underwrite credit products directly, moving beyond third-party arrangements. ➤ This development signifies a step towards integrating digital assets into Australia's established financial and credit frameworks, despite ongoing regulatory scrutiny on some of Block Earner's past products.
