The U.S. Supreme Court struck down the Chevron doctrine, limiting the power of federal agencies ⚡
This is a huge win for the crypto industry and other industries "Chevron" gave regulators discretion to interpret the laws they are charged with enforcing - i.e., allowing them to make their own rules until Congress passes a new law. It will become more difficult for the SEC to take enforcement action against cryptocurrency companies due to the crypto industry's near total lack of legal and regulatory clarity. #USA Chevron #SupremeCourt EleanorTerrett #FoxBusiness Crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The U.S. Supreme Court struck down the Chevron doctrine, limiting the power of federal agencies ⚡
This is a huge win for the crypto industry and other industries
"Chevron" gave regulators discretion to interpret the laws they are charged with enforcing - i.e., allowing them to make their own rules until Congress passes a new law.
It will become more difficult for the SEC to take enforcement action against cryptocurrency companies due to the crypto industry's near total lack of legal and regulatory clarity.
#USA Chevron #SupremeCourt EleanorTerrett #FoxBusiness Crypto