Elon Musk Denies U.S. Government Plans To Use Dogecoin, Cryptocurrency Drops 3%
Elon Musk clarified that the U.S. government has no intention of adopting Dogecoin, despite rumors sparked by the creation of the Department of Government Efficiency (DOGE). Speaking at a town hall in Green Bay, Wisconsin, Musk emphasized that the department and the meme coin were not connected. “There are no plans for the government to