⚖️ Push for Crypto Bill Gains Momentum: SEC Cautions on Valuations

[theSignalyst]

SEC Chair Paul Atkins is urging Congress to finalize the Crypto Market Structure Bill by year’s end to bring clarity to digital asset regulation. He wants the framework to clearly define SEC vs. CFTC responsibilities.

Meanwhile, Fed Chair Jerome Powell warned stock valuations are “fairly high”, sparking uncertainty just when markets were drifting on hopes of more rate cuts.
The intersection of law and valuation risk is creating tension in markets.

[Nahid Hossen]

Powell calling stock valuations “fairly high” adds pressure Markets wanted rate cut optimism, now risk sentiment looks shaky.

[Abdul Khan]

Law + valuation risk colliding at once ️ Powell’s comments could stall the rally right when traders were betting on more cuts.