According to Fox News, former defense attorney Emil Bove has been nominated by Donald Trump for a federal appeals court vacancy. Bove’s legal background, which includes expertise in financial crime, could signal a more rigorous approach to regulatory enforcement in cases involving cryptocurrency and blockchain technology. Traders should monitor this nomination closely, as appellate court decisions can influence the interpretation of crypto-related regulations and enforcement actions in the United States (source: Fox News, May 28, 2025).