✅ Weekend Crypto & Financial Highlights — May 25, 2026 Markets & Policy The $SEC delayed its review of tokenized stock exemptions over compliance and blockchain ownership concerns. At the same time, the $SEC approved options trading for Nasdaq’s Bitcoin index — another step toward merging crypto with traditional finance. The Trump administration announced tighter green card rules, while Reuters reported the $IRS may add citizenship status questions to Form 1040. U.S. banks are now sitting on roughly $306B in unrealized losses, reflecting pressure from elevated interest rates. Reports of a possible U.S.–Iran peace framework helped push oil down nearly 5%. Crypto & Tech Santiment data shows Aztec, Starknet, and $OP leading Layer 2 developer activity. Stablecoins EURR and USDR were exploited, losing around $10M, with both depegging sharply. Michael Saylor hinted at a shift: “This week, we bought bonds — not Bitcoin.” Vitalik said the Ethereum Foundation is reducing its role in ecosystem control, while holding only 0.16% of total $ETH supply. $HYPE officially flipped $DOGE in market cap. Coinbase CEO Brian Armstrong outlined major financial disruption themes: tokenization, 24/7 markets, AI, and regulatory modernization. Google DeepMind solved 9 historic Erdős problems, including puzzles unsolved for over 56 years. Market Take Markets enter the week with improving sentiment on Hormuz / Iran peace optimism. Crypto fundamentals remain active — especially in Layer 2s and Hyperliquid momentum — but regulatory pressure from the $SEC and $IRS remains a key macro risk. #USIranDealInLimbo #HYPEBullBearShowdown