U.S. Could Repeal Chevron Deference Doctrine. Will It Impact SEC Crypto Enforcement? 

DailyCoin

Published May 02, 2023 02:30PM ET

Updated May 02, 2023 03:00PM ET

U.S. Could Repeal Chevron Deference Doctrine. Will It Impact SEC Crypto Enforcement? 

  • The U.S. crypto regulatory landscape remains shrouded in uncertainty.
  • Agencies like the SEC have chosen to regulate the crypto space through enforcement.
  • The Supreme Court is considering a ruling offering market participants some respite.
Crypto regulations remain a divisive topic worldwide, with several jurisdictions employing different approaches to regulate the nascent market.

In the United States, regulators like the Securities and Exchange Commission have chosen to assert their jurisdiction over crypto markets through enforcement actions, as Congress has yet to create a rule book to guide the space. This approach has been decried by many for creating further confusion and potentially driving business abroad.

Some now speculate that the regime of regulation by enforcement may be set to end as the U.S. Supreme Court contemplates what could be a landmark...

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