According to Fox News, Transportation Secretary @SecDuffy warned that 'rogue state actors' not cooperating with ICE and federal immigration enforcement could lose critical federal funding if they fail to comply with federal laws (Fox News, June 17, 2025). For cryptocurrency traders, this escalation in federal-state tensions could signal increased regulatory uncertainty, especially for projects and exchanges operating in affected states. Heightened legal scrutiny may impact the operation and licensing of crypto businesses, potentially causing volatility in state-linked crypto markets and influencing institutional adoption strategies.