According to Fox News, Arizona’s Democrat Governor Katie Hobbs is under heavy criticism after vetoing a bill designed to restrict Chinese land ownership near U.S. military bases (source: Fox News, June 4, 2025). The strong reaction underscores rising geopolitical concerns that could impact global investment flows, including digital assets. Traders should monitor potential regulatory shifts, as escalated U.S.-China tensions have historically contributed to increased crypto market volatility and safe-haven demand for Bitcoin and stablecoins (source: Fox News).