According to the Gate.io News bot, as reported by Decrypt, Musk clarified at a town hall meeting in Green Bay, Wisconsin, that the Federal Government Efficiency Department (DOGE) has no connection to the crypto asset Dogecoin. This meeting was hosted by Musk’s American Political Action Committee. Musk stated that the government has no plans to adopt this crypto asset, and the similarity in names is only due to hopes of increasing government efficiency by 15%.
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Musk clarifies that the Federal Government Efficiency Department has no connection with Dogecoin.
According to the Gate.io News bot, as reported by Decrypt, Musk clarified at a town hall meeting in Green Bay, Wisconsin, that the Federal Government Efficiency Department (DOGE) has no connection to the crypto asset Dogecoin. This meeting was hosted by Musk’s American Political Action Committee. Musk stated that the government has no plans to adopt this crypto asset, and the similarity in names is only due to hopes of increasing government efficiency by 15%.