Bitcoin Unfazed: California Lawsuit No Threat to Crypto Markets

Governor Gavin Newsom of California has taken legal action against President Trump’s tariffs, aiming to protect the state’s economy from potential harm. This lawsuit, which targets President Trump’s administration and its implementation of new tariffs, raises concerns about California’s agriculture and technology sectors. While the legal battle may impact the broader discussion on federal trade policies, it hasn’t directly affected cryptocurrency markets or led to regulatory changes from the SEC or CFTC.