According to Fox News, the Supreme Court has declined to review appeals challenging gun control laws in Maryland and Rhode Island, maintaining the current legal status quo. This decision removes near-term legal uncertainty for firearm-related stocks such as Smith & Wesson and Sturm Ruger, which may see reduced volatility as a result (Fox News, June 2, 2025). For crypto traders, the lack of a major policy shift means no immediate spillover into digital asset markets, but continued stability in the firearms sector could indirectly influence crypto sentiment, especially as these events often drive discussions on decentralized finance and privacy coins in regulatory contexts.