📢Odaily Planet Daily News! The U.S. Supreme Court recently overturned the Chevron Principles, which may bring complexity to crypto legislation. 🏛️ Investment bank TD Cowen said on Monday that while the ruling is generally considered favorable to the cryptocurrency industry, it does not change any past rulings and will not reconsider previous rulings. 🔍

📊 The report pointed out that the bigger question is what this decision means for legislators who want to legislate to regulate the cryptocurrency industry and stablecoins. Analysts say that now both sides are no longer willing to listen to regulators because the courts may conduct a secondary review of these decisions. 🔬

🎉 We remain optimistic about Bitcoin. Although the regulatory environment may become complicated, this may also provide Bitcoin with an opportunity to challenge the rules and enforcement of the U.S. Securities and Exchange Commission, opening up new paths for future development. 💪🚀