took a giant step toward regulating cryptocurrency and boosted trade value after signing an executive order Wednesday establishing the first-ever comprehensive federal digital assets strategy.
"This E.O. marks an intensification of our efforts to promote responsible innovation in the digital assets space—innovation that works for all Americans, protects our national security interests, and contributes to our economic competitiveness and growth, "Fundamentally, an American approach to digital assets is one that encourages innovation but mitigates the risks to consumers, investors, and businesses, broader financial stability, and the environment."
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