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Opinion: US Supreme Court's ruling overturning Chevron Deference benefits crypto industry

U.S. Supreme Court justices voted 6-3 on Friday to overturn the Chevron Deference Rule, a 40-year-old statute that allows the executive agency responsible for implementing the law to create legislative rules to interpret the meaning of the law when there are ambiguities or gaps in the rules in congressional legislation. Crypto industry insiders say the ruling is a victory for the crypto industry. Amanda Tuminell, chief legal officer of DeFi Education Fund...

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2024-06-28 22:33:23
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