Regulators are redrawing the crypto rulebook in real time, yet Congress still cannot agree on comprehensive legislation, and that gap is exactly where opportunity and risk collide for U.S.-listed crypto exchanges and infrastructure providers. Investors who understand which businesses might benefit from clearer SEC and CFTC oversight, or suffer from prolonged uncertainty, could gain an edge. This piece walks through 3 stocks from our screener that appear especially exposed to the latest policy crosswinds.

The three U.S.-listed crypto exchanges and infrastructure providers below are only a sample, and the full screen surfaced 31 more companies with equally detailed stories that are not covered here. To see the rest, head straight into the…