Elon Musk Clarifies US Government’s stance on Dogecoin: No Federal Use

Elon Musk has officially clarified that the U.S. government will not use Dogecoin in its new Department of Government Efficiency, eliminating any lingering speculation about potential cryptocurrency integration. The clarification comes amidst rumors and community speculation regarding federal involvement with Dogecoin following Musk’s appointment as head of the department earlier this year. Musk emphasized that there are no plans for the government to utilize Dogecoin for any purpose, further distinguishing the new department’s focus on reducing federal spending from any cryptocurrency use.