A Very Surprising Altcoin Holds Its First Event in the US Congress! Here Are the Details

Pudgy Penguins (PENGU), one of the popular NFT projects, continues to take important and critical steps.

Accordingly, Pudgy Penguins held an event at the US Congress and joined the White House advisory board.

Pudgy Penguins announced that their team is hosting an open, invitation-only event for policymakers on April 24th at the Rayburn House Office Building in Washington, D.C.

The project stated that it has established a close working relationship with the U.S. Congress and the White House, and serves as an advisor on the White House’s cryptocurrency advisory committee.

Pudgy Penguins CEO Luca Netz stated that cryptocurrency projects will eventually be divided into two categories: those that establish government relationships and those that do not.

CEO Netz stated that building relationships with the government was important, adding that having influence within Congress would lead to long-term growth for projects.

Co-founder Lorenzo Melendez also said that when they bought Pudgy Penguins nearly four years ago, they never imagined they would be representing the brand in Congress. He added that it was impressive to see legislators empathizing with real-world mass-market use cases for cryptocurrency.

The Pudgy Penguins team also recently met with South Carolina Representative William Timmons and Republican Representatives Tim Moore and Michael Rulli to discuss the direction of cryptocurrency regulation.

*This is not investment advice.

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