butterscotch is the only media outlet exclusively covering news about inclusion in Web3, DeFi, crypto. CHEWS is our inaugural, weekly newsfeed, providing timely policy updates, industry trends, market research.
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[Watch] Cleve Mesidor’s latest FintechTV Interview with Host Remy Blaire focuses on the need for bipartisanship in the crypto legislative process. She talked about the various White House Summits on stablecoin yield with bank and crypto executives, the stalled Senate Banking Committee digital assets market structure bill, and looming midterm elections and crypto voter.
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What We're Reading & Streaming |
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Crypto super PAC wades into Illinois House primaries. Fairshake, will spend at least $1 million each against Illinois state Rep. La Shawn Ford, who is running to replace retiring Democratic Rep. Danny Davis, and state Sen. Robert Peters, who is vying to succeed Democratic Rep. Robin Kelly as she runs for U.S. Senate. - POLITICO
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3rd WH Summit on stablecoin yield last week: White House favors some stablecoin rewards, tells banks it's time to move. Sources familiar with the talks on stablecoin yields say the White House urged bankers to get on board with a deal that lets the market structure bill advance. - CoinDesk
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In guidance by the SEC's Division of Trading and Markets, the staff addressed a customer protection rule requiring broker-dealers to safeguard customers' assets and maintain a cushion for those assets. The new guidance says that "staff would not object if a broker-dealer were to apply a 2% haircut on proprietary positions." A haircut is typically a percentage applied to an asset when it is being used as collateral. - The Block
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- Own crypto? Be prepared to report the digital assets to the IRS. Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts. - Chicago Sun Times
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A group of House Democrats, led by US Rep. Gregory Meeks, wrote to Treasury Secretary Scott Bessent to request an investigation of potential conflicts of interest and national security implications related to World Liberty Financial. - CNBC
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To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing. CoinDesk
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Blockchain Apps Have Failed to Win Over the Masses, Ethereum Builders Admit. Ethereum builders at ETH Denver said that the crypto infrastructure has been laid—but not products people actually want to use. - Decrypt
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How We Are Engineering Africa’s Largest Stablecoin Infrastructure. - Flutterwave
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Biggest African economies lead stablecoin demand growth, study shows. - Reuters
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Editorial by Hedera’s Nilmini Rubin: Businesses aren't prioritizing AI governance. Here's why that holds them back. - World Economic Forum
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Editorial by P2P.org’s Betsabe Botaitis: What It Takes to Bring Fortune 500 CFOs Into Blockchain. – Finance Magnates
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Stream: Cleve Mesidor interviewed regarding crypto policy and need for regulatory clarity for CDFIs & MDIs. - FintechTV
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THE GET DOWN: BEYOND BITCOIN PODCAST |
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Stream all episodes with host Ritzy P on your favorite platform.
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butterscotch is a digital news studio broadcasting stories about Black, Latino, Indigenous DeFi retail investors, Web3 consumers, founders, executives, officials. The virtual newsroom - featuring eNews, Podcast, Live Events – seeks to deepen mainstream understanding of diverse segments of the emerging $4 trillion crypto industry.
Cleve Mesidor, CEO & Managing Editor
Ashlynn Mesidor, CTO & Co-Founder
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