This episode examines the SEC’s December seventeenth guidance defining physical possession of crypto asset securities through network access and operational policy requirements, the FDIC’s proposed application framework for supervised banks to issue payment stablecoins through dedicated subsidiaries under GENIUS Act criteria, and the formation of classical head and shoulders reversal patterns across NVIDIA, Bitcoin, and Ethereum with defined neckline triggers and measured downside targets. Additional coverage includes the CFTC’s withdrawal of twenty twenty actual delivery guidance, the SEC’s no action relief permitting DTC participants to record security entitlements on distributed ledgers beginning in the second half of twenty twenty six, and MiCA implementation deadlines across Spain and broader UK regulatory expansion plans for crypto exchanges and stablecoins.