CME to Sue CFTC Over Bitcoin Perpetual Futures Approval, CEO Announces

The Chicago Mercantile Exchange (CME) is preparing legal action against the Commodity Futures Trading Commission (CFTC) over the regulatory approval of bitcoin perpetual futures, according to a statement from the exchange’s CEO. The lawsuit represents an escalation in tensions between major financial institutions and U.S. regulators over how cryptocurrency derivatives should be governed and approved….

CME to Sue CFTC Over Bitcoin Perpetual Futures Approval, CEO Announces

Pudgy Penguins Faces Trademark Lawsuit Over NFT-Branded Apparel

The clothing brand Original Penguin has filed a trademark infringement lawsuit against NFT token project Pudgy Penguins, claiming the NFT company’s merchandise violates its decades-old intellectual property rights. PEI Licensing, the firm behind Original Penguin, filed the lawsuit in a Florida federal court on Wednesday, alleging trademark infringement, dilution, and unfair competition related to Pudgy…

Pudgy Penguins Faces Trademark Lawsuit Over NFT-Branded Apparel