This podcast episode explores the recent ruling on the Chevron Deference and its potential implications for regulations in the crypto industry. The ruling, which struck down the longstanding precedent, has sparked divided opinions. Proponents argue that it will strip power from regulators and restore it to Congress, while critics fear it will lead to chaos and a lack of checks and balances. The discussion also highlights the evolving dynamics of power within the administrative state, courts, and Congress, and the role of Congress in shaping regulation in the crypto industry. Overall, the episode delves into the complexities of crypto policy, the intersection of government and crypto regulation, and the need for a balanced and supportive regulatory environment.
