According to Fox News, the U.S. State Department is now intensifying scrutiny of all visa holders associated with Harvard University, as reported on May 29, 2025. This move raises concerns about potential disruptions in the flow of international talent into U.S. academic and tech sectors, both of which are closely linked to blockchain and cryptocurrency innovation. For crypto traders, this could signal increased regulatory uncertainty and possible impacts on projects with ties to U.S. universities or international developers. Market participants should closely monitor any resulting shifts in sentiment or talent migration that could affect cryptocurrency project development and token valuations (Source: Fox News).

According to @DOGE, government agencies have canceled 47 contracts deemed wasteful, resulting in savings of $30.2 million. The canceled contracts had a total ceiling value of $87.5 million. Notably, the State Department canceled a $3.4 million contract for aviation advisors in Kenya, highlighting an effort to reduce unnecessary expenditures.

According to The Kobeissi Letter, the State Department's decision to shut down USAID could have ripple effects on global markets, including cryptocurrency. The termination of 900 employees may signal shifts in U.S. economic policy, potentially affecting investor confidence and market stability. Analysts will closely monitor these developments for any impact on cryptocurrency trading volumes and volatility.