News list for " Overturn"
The president of El Salvador has submitted a bill to Congress to overturn the ban on metal mining.
Google has asked the U.S. Court of Appeals to overturn a lower court ruling on Epic Games' antitrust lawsuit that would have forced Google to allow third-party app stores and payment solutions to run through its app store, the Play Store. Epic sued Apple and Google respectively in August 2020, accusing them of unfairly restricting apps in their app stores to their payment system (taking a 30% commission on all purchases) and blocking the use of apps.
The U.S. Court of Appeals partially overturned the dismissal of a class action lawsuit filed against Binance.US that accused the exchange of illegally manipulating the price of HEX tokens. A three-judge panel of the Ninth Circuit Court of Appeals overturned the district court's earlier dismissal of the class action, saying plaintiff Ryan Cox's claims against Binance.US and CoinMarketCap were reasonable. Cox first filed a class-action lawsuit in 2021, accusing Binance Capital Management and Binan...
The House of Representatives failed to overturn Mr. Biden's veto to repeal the SAB 121 bill, according to market sources. "To override the considered judgment of SEC staff in this way risks undermining the SEC's broader authority on accounting practices," Mr. Biden said in an official statement on May 31. "My administration will not support measures that endanger the well-being of consumers and investors," Mr. Biden said.
U.S. Supreme Court justices voted 6-3 on Friday to overturn the Chevron Deference Rule, a 40-year-old statute that allows the executive agency responsible for implementing the law to create legislative rules to interpret the meaning of the law when there are ambiguities or gaps in the rules in congressional legislation. Crypto industry insiders say the ruling is a victory for the crypto industry. Amanda Tuminell, chief legal officer of DeFi Education Fund...
The US Supreme Court struck down one of its most important precedents - the Chevron doctrine, part of US administrative law that gives federal agencies the power to interpret laws when they are ambiguous. The ruling has major implications for the rulemaking capabilities of the Securities Exchange Commission (SEC) and other federal agencies, weakening their authority in administrative law.
