SEC Clears Crypto Regulatory Hurdles
The SEC has cleared the path for crypto growth by removing regulatory hurdles. According to MarketBeat's stock screener tool, five financial stocks are poised for potential gains: Robinhood Markets (HOOD), JPMorgan Chase & Co. (JPM), Visa (V), Coinbase Global (COIN), and PayPal (PYPL). These companies have the highest dollar trading volume of any Financial stocks within the last several days.
Robinhood Markets operates a financial services platform that allows users to invest in various assets, including cryptocurrencies. JPMorgan Chase & Co. provides financial and investment banking services through its segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.
Visa operates a payment technology company that enables authorization, clearing, and settlement of payment transactions. Coinbase Global provides financial infrastructure and technology for the crypto economy, offering a marketplace with a pool of liquidity for transacting in crypto assets for institutions.