Australia / Firms / Block Earner

Block Earner

Block Earner: AUSTRAC's virtual asset service provider register lists WEB3 FRAMEWORK PTY LTD; Web3 Ventures Pty Ltd (searched 21 Oct 2026). ASIC has taken court action (2 ASIC releases).

Status

On AUSTRAC VASP register · checked 21 Oct 2026
AUSTRAC VASP register (AML/CTF registration, not a licence) searched by name, and ASIC media releases.

AUSTRAC VASP register

Entries matching “block earner” (searched 21 Oct 2026): WEB3 FRAMEWORK PTY LTD; trading names: BLOCK EARNER (ABN 85668281392, ACN 668281392); no conditions shown; Web3 Ventures Pty Ltd; trading names: BLOCK EARNER (ABN 63655090869, ACN 655090869); no conditions shown. AUSTRAC VASP register official

ASIC court action

22 Apr 2025 (25-062MR): Full Federal Court found Block Earner did not need a financial services licence for its Earner product; ASIC's appeal was dismissed. Company named by ASIC: Web3 Ventures Pty Ltd (Block Earner). ASIC 25-062MR official

ASIC court action

17 Jun 2026 (26-124MR): High Court (7-0) found the fixed-yield Earner product was a financial product, so Block Earner required an AFS licence, overturning the 2025 Full Court decision. Company named by ASIC: Web3 Ventures Pty Ltd (Block Earner). ASIC 26-124MR official

Register name

Name listed as trading name · major brand (How the name appears on the AUSTRAC register)

Public statement

Not applicable.

History

• 22 Apr 2025Full Federal Court found Block Earner did not need a financial services licence for its Earner product; ASIC's appeal was dismissed. — asic.gov.au official
• 17 Jun 2026High Court (7-0) found the fixed-yield Earner product was a financial product, so Block Earner required an AFS licence, overturning the 2025 Full Court decision. — asic.gov.au official

Read More

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• Kraken, Binance, Block Earner: ASIC's Crypto Cases and $32 Million in Penalties

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