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☎️ SUPREME COURT WEAKENS SEC's POWER

☎️ SUPREME COURT WEAKENS SEC's POWER

Day: 10 | Time: 17:15:21 The Supreme Court put an end to the Chevron doctrine in June, significantly weakening the SEC's ability to regulate cryptocurrencies. SCOTUS's decision in the case of Loper Bright Enterprises v. Raimondo has created two new ways to challenge federal agencies seeking to extend their power over the cryptocurrency industry. This could be a pivotal moment for startups in the cryptocurrency sector, which have faced numerous regulatory challenges thus far. The Supreme Court's rulings could encourage new challenges to federal regulations, giving startups the tools to resist unjustified regulatory intervention.

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Source: Cointelegraph