Bitcoin and other cryptocurrencies fell on Thursday as some of the initial excitement around U.S. President Joe Biden's executive order on digital assets faded.
consumer protection, financial stability, illicit activity, U.S. competitiveness in the industry, financial inclusion and responsible innovation.
"These are not bad; we all want the same thing. We want to protect investors, especially the small ones. But the EO does not direct the government to take proactive steps to nurture the growth of technology."
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