Gold Finance reported that investment bank TD Cowen on Monday stated that the recent overturning of the Chevron principle by the U.S. Supreme Court may complicate the cryptocurrency legislative process. The report stated, "After the Supreme Court took action, it is generally believed that the ruling is favorable to the cryptocurrency industry. We partly agree with this view, as it will help the cryptocurrency industry to challenge the rules and enforcement of the U.S. Securities and Exchange Commission in the future. However, this does not change any past rulings, nor will it reconsider previous rulings." The report suggests that the bigger issue is what this decision means for lawmakers who hope to enact legislation to regulate the industry and stablecoins. Analysts stated, "We are discussing details that are not usually seen in legislation, such as what will happen when retail investors participate in the staking plans of trading platforms, or how AML/BSA controls will apply if tokens have been hidden through mixers, and both sides are no longer willing to follow the opinions of regulatory agencies, as the courts may now review these decisions for a second time."