List of Flash News about Congress cryptocurrency
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2025-05-28 17:35 |
White House Proposes $9.4 Billion DOGE Cuts Package – Crypto Market Reacts to Regulatory Shifts
According to Fox News, the White House is sending a $9.4 billion DOGE cuts package to Congress next week, signaling a potential policy shift with direct implications for Dogecoin and the broader cryptocurrency market (source: Fox News, May 28, 2025). Traders should monitor legislative developments as the proposed package could increase regulatory scrutiny or impact liquidity for DOGE, influencing both price volatility and trading volumes. This move follows recent government efforts to clarify crypto taxation and regulation, and could set a precedent for how meme coins and other digital assets are treated under U.S. law, making it a critical event for market participants focused on crypto regulation and compliance. |