CONGRESS IS BACK IN SESSION...BUT WILL CRYPTO BILL ADVANCE? |
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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| 🗓️ April 24, 12:30PM ET
Don’t miss #TRUSTMEDIA, which will feature butterscotch Managing Editor Cleve Mesidor. The virtual forum coincides with White House Correspondents’ Dinner Weekend.
Niche digital media platforms are being acquired by financial and news organizations. Let’s talk about why!
[Click here to register]
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White House On Stablecoin Yield! |
A new report by the White House Council of Economic Advisers concludes that "a yield prohibition would do very little to protect bank lending, while forgoing the consumer benefits of competitive returns on stablecoin holdings."
[Read report]
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| Blockchain Foundation Advocates for Crypto Education |
Last week, Blockchain Foundation submitted comment to the U.S. Department of Treasury regarding the Financial Literacy and Education Commission’s (FLEC) update to the U.S. National Strategy for Financial Literacy.
EXCERPT: Curriculum change will only occur via investments to train trainers. FLEC should develop a digital assets module for K-12 instructors. Student interest in digital assets continues to grow, but it is teachers, faculty, administrators who are in a position to develop or change curriculum.
Without trainings and incentives, curricula will lag behind as the digital assets sector grows, leaving young people vulnerable to fraud and scams.
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Thurs: House Ag Hearing with CFTC Chair Michael S. Selig |
April 16, 10AM ET: A full House Agriculture Committee hearing has been scheduled to receive testimony from Michael S. Selig, Chairman, U.S. Commodity Futures Trading Commission.
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FDIC’s 2nd GENIUS Act Rulemaking Provision |
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would implement certain requirements and standards under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).
This is the FDIC’s second rulemaking implementing provisions of the GENIUS Act. On December 19, 2025, the FDIC issued a proposed rule that would establish application procedures for IDIs seeking approval to issue payment stablecoins through a subsidiary. [Read Press Release]
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TOMORROW: NEW EPISODE DROPS |
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Stream all episodes with host Ritzy P on your favorite platform.
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Crypto bill negotiations enter critical week as lawmakers return amid pressure to resolve stablecoin rewards. - The Block
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White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income. The Trump admin backed a proposal for stablecoin issuers to offer yield to investors. - NY Times
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Why banks like tokenized deposits: Banks are adopting tokenized deposits at a greater rate than stablecoins. - American Banker Analysis
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Editorial by U.S. Treasury Secretary Scott Bessent: Digital Asset Rules Need Clarity. U.S. financial regulation sets the standard for the world. Congress needs to act to keep it that way. - WSJ
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Super PAC tied to Tether makes first ad buy from firm founded by Tether's U.S. CEO. The Fellowship PAC spent $300,000 with Nxum Group that was co-founded by Bo Hines, the chief of Tether's U.S. arm and former adviser to President Donald Trump. - CoinDesk
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Law enforcement groups are raising concerns about a key section of a landmark crypto to protect software developers. - POLITICO
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OMB has released congressionally appropriated money for the embattled CDFI Fund to Treasury after months of pressure from Congress and supporters of the program - POLITICO
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4/13-17: Cleve is among the inaugural cohort of Principals for Semafor World Economy, which will coincide with the IMF and World Bank Meetings.
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4/16: Cleve attends U.S. Commerce Department's NIST Workshop on Blockchain and Distributed Ledger Technologies.
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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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