According to Fox News, former Trump Energy Secretary Rick Perry stated that President Biden's regulatory policies are 'worse than North Korea,' highlighting growing concerns over strict energy and environmental regulations (Fox News, May 31, 2025). For cryptocurrency traders, these comments signal potential for increased regulatory scrutiny on energy-intensive sectors, including crypto mining, which may affect operational costs and market sentiment. The heightened regulatory environment could lead to volatility in crypto assets linked to mining and energy usage.