【Vaneck: The Regulatory Environment Remains a Determining Factor for Bitcoin's Future】Golden Finance reports that Vaneck believes the regulatory environment remains a determining factor for Bitcoin's future. The company anticipates that the Trump administration will eliminate restrictive measures such as the U.S. Securities and Exchange Commission's accounting bulletins and support broader adoption by encouraging banks to offer cryptocurrency custodial solutions. Additionally, legislation allowing state banks to issue stablecoins could enhance the U.S.'s dominant position in the digital asset ecosystem.