Representative Jared Moskowitz, who spearheaded the formation of the Congressional Doge Caucus, has declared the group defunct. The caucus, intended to foster dialogue and education around Dogecoin and the broader crypto space, failed to gain traction and ultimately became a “punchline.”
Moskowitz initially envisioned the caucus as a means to engage with the digital asset community and understand the technology’s potential, particularly regarding Dogecoin. However, he encountered difficulties in attracting bipartisan membership and found the discussions were not evolving as intended.
He cited a lack of serious engagement from potential members and a perception that the caucus was more of a joke than a legitimate legislative effort. Moskowitz acknowledged that the Doge Caucus had become a distraction and that he wanted to focus on more pressing issues related to cryptocurrency regulation and oversight.
He emphasized that his interest in responsible crypto regulation remains strong and that he will continue to advocate for policies that protect consumers and foster innovation within the digital asset space, just not through the vehicle of the Doge Caucus. Moskowitz stated his intention to pursue these goals through other avenues within Congress.
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