Musk: Not quitting DOGE, just reducing time allocation

Musk tweeted that he was not quitting DOGE, but because DOGE (Government Efficiency Department) had been established, he had reduced his time allocation.

Elon Musk is reducing his time allocation for DOGE (Government Efficiency Department) and expects to spend less time on it in May, according to a recent tweet. This shift in priorities will allow Musk to allocate more time to Tesla.

The news comes after a report by Cailian, which stated that Trump has no intention of firing Federal Reserve Chairman Powell and hopes that Powell can take more aggressive action on the issue of interest rates.

In other news, U.S. President Trump admitted in a recent speech that the current U.S. tariffs on Chinese exports are "too high" and that the tax rate is expected to be significantly reduced. This statement marks a softening of Trump's stance on his signature tariff policy.

Moreover, a portion of the report from UnionPay's official WeChat account has been deleted, rendering the claims about the integration of UnionPay and cryptocurrency as false.

Furthermore, a new report from the U.S. SEC Chairman, Paul Atkins, has surfaced, highlighting his priorities for the regulatory landscape. According to Watcher.Guru, Atkins stated that his first priority is to "provide a solid regulatory foundation for digital assets." This statement is pertinent given the SEC's role in overseeing the cryptocurrency industry.

In a related development, Chiliz, a subsidiary of SportsFi, is set to meet with the U.S. SEC cryptocurrency working group to discuss plans for investing and re-entering the U.S. cryptocurrency market under the leadership of the crypto-friendly White House, as well as increasing the push for transparency in digital asset regulation.

The meeting, which is scheduled for April 22, will focus on Chiliz's return to the U.S. market during the 2026 FIFA World Cup. The company was previously forced to "strategically exit" the market due to regulatory uncertainty and the collapse of FTX.

According to a meeting request published by the U.S. Securities and Exchange Commission (SEC), Chiliz is planning to return to the U.S. market during the 2026 FIFA World Cup. The return will be accompanied by an investment of $50 million to $100 million in the domestic U.S. market. It is said that teams in the National Basketball Association (NBA) and the National Football League (NFL) are interested in issuing fan tokens if regulation is more transparent.