The Senate Banking Committee released a draft bill that would classify Dogecoin the same as Bitcoin, treating it as a commodity rather than a security because a DOGE ETF existed before January 1.



If passed, the bill would remove major SEC restrictions, allowing exchanges to list DOGE freely and giving institutions clearer rules to launch DOGE-related products.

DOGE and Shiba Inu (SHIB) rallied about 5% on the news, with DOGE pushing key resistance levels after recent weakness.

A committee vote is scheduled this week, and approval could open the door for broader institutional adoption of meme coins.

$DOGE tests key resistance ahead
$SHIB rallies after 62% collapse
DOGE3,07%
BTC2,74%
SHIB2,95%
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