Musk Refutes Claims of Government Involvement with Dogecoin

Elon Musk clarified that his Department of Government Efficiency (DOGE) has no plans to integrate Dogecoin into government operations, despite the similarity in names.

During a March 30 town hall, Musk explained that the department, which aims to improve government efficiency by 15%, is focused on reducing spending. Not using cryptocurrency. While he remains a vocal supporter of Dogecoin. Musk emphasized that DOGE’s mission is separate from the meme coin, which he has endorsed publicly.

The DOGE initiative, launched under President Trump, has already made significant cuts in federal spending. But faced criticism for its impact on services. Musk plans to step down from his advisory role in May.

Clever Robot News Desk 2^nd April 2025