Legal Win For Crypto? Supreme Court Decision Restricts SEC’s Lawmaking Reach

Quick Summary:

In a significant move, the United States Supreme Court has issued a ruling that limits the authority of federal agencies, including the Securities and Exchange Commission (SEC) to interpret laws deemed “ambiguous” through the rulemaking process.

Notably, the ruling has implications for ongoing legal battles within the crypto industry.

Justice John Roberts emphasized the importance of independent judgment by courts in determining whether agencies have acted within their statutory authority.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: HungaryUnited States

Topics: Breaking News Ticker DeFi US crypto market US crypto Crypto regulation Crypto news US crypto regulation Digital currency Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 15:38:36 (4 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21410529

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions