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US Supreme Court Overturns Chevron Doctrine, Impacting Crypto Sector

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US Supreme Court Overturns Chevron Doctrine, Impacting Crypto Sector


In Brief

  • The US Supreme Court’s has decided to overturn the Chevron doctrine.
  • The ruling was widely hailed by crypto stakeholders as a game-changer.
  • However, crypto skeptics bashed the court’s decision for being a “power-grab.”

The crypto community is celebrating the US Supreme Court’s decision to overturn the Chevron doctrine, a 40-year-old principle that defers to federal agencies’ interpretation of the law.

Crypto stakeholders noted that the Supreme Court’s 6-3 decision ended a precedent that had unjustly empowered unelected agencies like the Securities and Exchange Commission (SEC). Over the years, the SEC has often been criticized for its stringent interpretation of the law against the emerging industry.


Why Crypto Community is Celebrating Chevron Doctrine Repeal







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