📢 Senate Banking Cmte CLARITY Markup Thurs |
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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May 14 is the long-awaited mark up of the Senate Banking Committee's crypto market structure bill. The legislation has advanced as a result of bipartisan negations and compromise.
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What We're Reading & Streaming |
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Federal Reserve Gov. Lisa Cook said Friday that tokenization is unlikely to replace traditional finance, but instead could add efficiency across the financial system. – American Banker
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Coinbase Laying Off 14% of Staff. - WSJ
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Dems consider holding out for ethics language in Senate Banking’s crypto bill. Democrats are privately rebuffing jurisdictional arguments from Republicans, who say ethics issues are outside Senate Banking's lane. - POLITICO
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Banks and Crypto Backers Tussle as Senators Eye Landmark Digital Asset Bill. - Bloomberg
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Wall Street went to war with crypto. It’s losing. Senate Republicans are poised to defy concerns from the banking industry regarding a landmark crypto bill. - POLITICO
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Out With the Lamborghinis, In With the Suits: The Changing Face of Cryptoland. In Miami Beach, one of the biggest crypto conferences had a decidedly corporate sheen this year. - WSJ
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Crypto super PAC backs Andy Barr in Kentucky Senate race. - POLITICO
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After crypto helped oust him, Sherrod Brown changes his tune. As a senator, Sherrod Brown once said the crypto industry "betrayed the public interest." Now he wants to "keep an open mind." - POLITICO
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Crypto giants pushed to ease rules on risky assets in Senate bill. Coinbase, Kraken and Gemini suggested earlier this year that lawmakers scrap a provision barring the listing of certain digital assets at risk of manipulation. - POLITICO
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The first prediction markets exchange-traded funds were anticipated to launch as early as last week, but the Securities and Exchange Commission delayed approval, a situation evoking memories of the long battle fought over spot bitcoin ETFs during the Biden presidency. CNBC
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A bid by hard-line conservatives to pass a measure banning the Federal Reserve from issuing a central bank digital currency (CBDC) fell short, but the fight is only poised to escalate as both chambers revisit another extension of the Foreign Intelligence Surveillance Act’s (FISA) warrantless surveillance powers in the weeks ahead. – The Hill
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🌴 On The Ground At Consensus Miami
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Watch Cleve Mesidor's live interview during Consensus Miami with FintechTV Anchor Remy Blaire. They discussed opportunities that tokenization can unlock for small enterprises and what’s next for stablecoin policy.
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🗓️ May 11: Today, Cleve is a speaker for the Institute for Education’s salon session, “Democratizing the Cloud,” to explore the intersection of blockchain, artificial intelligence, and public policy.
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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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