According to Fox News, California Governor Gavin Newsom stated he has lost friends over his public position that biological men participating in women's sports is unfair. This comment, reported on June 6, 2025, has triggered renewed social and political debates. For traders, heightened discussions around gender policies can influence regulatory sentiment in the broader financial sector, potentially impacting investor confidence in AI-driven tokenized sports betting projects and related Web3 platforms. Increased political polarization may also drive volatility in social token and governance token markets as policies shift in response to public discourse (source: Fox News).

According to Fox News, entrepreneur Grant Cardone told Lara Trump that California Governor Gavin Newsom's policies have damaged the state's economy so severely that it could shift to Republican control. For traders, this signals possible regulatory changes that may affect the cryptocurrency sector, as California is a key hub for blockchain innovation and digital asset companies. Any political shift could influence state-level crypto regulations and technology investment trends, which traders should monitor for changes in market sentiment and legal frameworks (Source: Fox News Twitter, May 25, 2025).