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butterscotch Media is headed to Consensus in Austin. Join our team for mimosas on May 30, 8:30AM-10AM, at the Austin Marriott. 

Crypto-friendly U.S. Senate candidate Angela Alsobrooks claimed victory in the Maryland Democratic Primary.

Deploying American Blockchains Act (H.R. 6572), a bill co-sponsored by U.S. Representatives Lisa Blunt Rochester (DE) and Larry Bucshon (IN-8), passed in the House last week and now heads to the Senate. 

At Fortune's Future of Finance forum last week, NYDFS' Adrienne Harris expressed optimistic about a federal stablecoin bill, "but not at the expense of state authority." Watch

“I wanted to send a message,” U.S. Senator Cory Booker said in an interview. “I’m frustrated because we haven’t had a chance to debate any of the real [crypto] bills.”

With Democratic support of measures to reverse the SEC's SAB 121 action to discourage banks from holding digital assets in both Chambers, will President Biden make good on his veto threat? Read Congressional Research Service Report (5/15/24)

eToro U.S. CEO Lule Demmissie was a speaker during the recent FINRA Annual Conference and discussed new, nontraditional retail investor.

U.S. Representative Jasmine Crockett, who serves on the House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development, and is a key voice on digital assets in Congress, took a stand last week. More here.

A House floor vote is expected this week for the Financial Innovation and Technology for the 21st Century Act (H.R. 4763). Legislation text.

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Betsabe Botaitis, Chief Financial Officer of Hedera, was on Nasdaq TradeTalks last week to discuss how token economics is creating new real viable economic opportunities.

Georgetown Law professor Chris Brummer, founder of DC Fintech Week, has raised $1.7 million to launch Bluprynt. The company will to help entities tackle regulatory disclosures globally. 

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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 $2 trillion crypto industry.

Cleve Mesidor, CEO & Managing Editor, butterscotch Media