2024-06-30 04:32:47

On Friday, the U.S. Supreme Court struck down Chevron deference, a legal doctrine that allowed federal agencies significant leeway in interpreting ambiguous statutes

The Digital Chamber noted that it “welcomes this decision as a monumental step toward fair and transparent regulation in the digital assets space,” emphasizing: “For years, the industry has grappled with inconsistent and overly broad interpretations by the Securities and Exchange Commission (SEC) as Congress debates the regulatory treatment of digital assets. The removal of Chevron deference paves the way for a more balanced and judicially scrutinized approach to regulation.”

#GoodNewsForAdoption

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