PANews reported on May 21 that according to CoinDesk, the Australian Securities and Investments Commission (ASIC) is seeking to appeal to the High Court to re-rule that the DeFi product "Access" of the fintech company Block Earner is a financial product. In March 2024, the High Court rejected ASIC's allegation that the product needed to be licensed. ASIC said the move was intended to clarify the definition standards for financial products, which should apply to all products, including cryptocurrencies. The High Court will hear its application at an undetermined date. Previously, the court made different rulings on Block Earner's two products: it determined that the "Earner" product constituted an unlicensed financial service, but rejected similar allegations against "Access". In June 2024, the court quashed the A$350,000 fine Block Earner faced for the "Earner" product, and ASIC's appeal was dismissed in April 2025.