- Elon Musk’s D.O.G.E. planned a blockchain integration to enhance federal transparency and cut spending.
- D.O.G.E. website’s launch boosted Dogecoin’s price by 11%, sparking crypto community excitement.
Following Donald Trump’s inauguration as the 47th President of the United States, a wave of discussions and reforms has swept across the country, especially concerning cryptocurrency and blockchain technology.
Elon Musk’s plan to curb U.S. spendings
Amidst this, Elon Musk, now heading the Department of Government Efficiency (D.O.G.E), has unveiled plans to integrate blockchain technology into federal operations.
Reports suggested that the initiative aimed to enhance transparency and accountability while significantly cutting federal spending.
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