Blockchain Gaming
Exploring Blockchain for Government Spending Tracking and Bitcoin ETF Rule Change
Sunday. January 26 at 10:00 AM
1 min. readElon Musk's Department of Government Efficiency (DOGE) is reportedly investigating the use of blockchain to monitor US government spending, while Solana-based Jupiter acquires a majority stake in Moonshot. Nasdaq is proposing a rule change for BlackRock's spot Bitcoin ETF. The DOGE, led by Musk, aims to utilize blockchain to reduce the federal deficit and enhance payment security. Discussions with public blockchain networks have taken place to explore blockchain integration in government operations. Binance's CZ supports onchain tracking of government spending. Jupiter's acquisition of Moonshot, a memecoin purchasing app, has seen a surge in popularity, especially with the launch of TRUMP memecoin. Nasdaq's filing for BlackRock seeks in-kind creation and redemption for its Bitcoin ETF. The proposal allows for in-kind transfers of Bitcoin for fund shares creation and redemption. Additionally, six new crypto ETF applications were filed in the US on the same day.