Overturned Chevron deference likely won’t impact crypto regulation: Tom Emmer
Only a Donald Trump election victory and a mostly Republican Congress could make Chevron potentially impactful, says Representative Tom Emmer.
The crypto industry won’t benefit from an overturned legal doctrine that forced courts to use federal agency interpretations of ambiguous laws unless Congress passes legislation limiting what those agencies can regulate, says United States Representative Tom Emmer.
“I don’t think Chevron deference changes a whole lot,” Emmer told Cointelegraph at the Permissionless conference in Utah on Oct. 9.
The Supreme Court overruled the Chevron doctrine in June — meaning that US courts no longer need to “defer” to federal agencies like the Securities and Exchange Commission when interpreting ambiguous statutes.
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Author: Brayden Lindrea
