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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