Odaily News Crypto regulation and policy issues will continue to be the main factors driving Bitcoin's rise this year. However, for investors betting that insufficient government adoption will be positive for Bitcoin, the failure of three Bitcoin reserve bills in Montana, North Dakota and Wyoming has brought new uncertainty. "Despite US President Trump's support for Bitcoin, the failure of three state-level Bitcoin reserve bills highlights the political risks. Policymakers need to avoid accusations of using taxpayer funds for speculation." Before Trump took office, the market had highly speculated that the United States would establish a national Bitcoin reserve. However, this plan remains uncertain, and the US President's recent executive order on cryptocurrency did not mention the idea. (thecryptobasic)