Chevron Doctrine Overruled: Defi Education Fund Highlights Impact on Regulatory Clarity
The Defi Education Fund has highlighted the significant implications of the recent overruling of the Chevron doctrine for the cryptocurrency industry.
This decision marks a new chapter in the fight for clearer crypto regulations, shifting the responsibility to Congress and the judiciary. The Chevron deference previously allowed state agencies to interpret ambiguous laws, but now courts will directly engage with and choose the most compelling interpretations.
This change could affect high-stakes crypto cases involving the SEC and other entities, pressing Congress to provide clearer regulations and expedite legal actions in the crypto space.
Clever Robot News Desk 1st July 2024
