Pudgy Penguins CEO Discusses Involvement in U.S. Crypto Legislation

According to BlockBeats, Pudgy Penguins CEO Luca Netz revealed in an interview that the company, along with the Abstract team, has officially taken on a role as government advisors in the development of U.S. cryptocurrency legislation. Over the past three months, team members have made several trips to Washington, D.C., and have submitted an application for the PENGU ETF. This ETF will include not only PENGU tokens but also NFTs. Previously, BlockBeats reported that on June 26, the Cboe BZX Exchange filed a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) for the Canary PENGU ETF.