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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Pro-DeFi Bill Signed Into Law |
Trump signs bill to nullify expanded IRS crypto broker rule.
President Trump on Thursday signed into law a bill to overturn a revised rule from the Internal Revenue Service that expanded the definition of a broker to include decentralized cryptocurrency exchanges. Crypto industry participants argued that because DeFi exchanges don't act as intermediaries, they don't have visibility into who their users are, making it impossible to comply with the IRS rules.
Coin Center Report: The broker rule obligates mere software and infrastructure providers to identify the users of their tools, collect personal information from those users, and report that personal information to the government without a warrant.
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Justice Dept. Disbands Crypto Enforcement Unit |
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Crypto Entities Outline Principles for Market Structure |
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What We're Reading & Writing |
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CoinDesk Joint Opinion: A Blueprint for Digital Assets in America by the Chairs of the House Financial Services and Agriculture Committees
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New York Bill Proposes Using Blockchain to Safeguard Election Results - Decrypt
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Pakistan plans to allocate part of its surplus electricity to Bitcoin mining and AI data centres, the head of Pakistan's Crypto Council and adviser to the finance minister said on Wednesday, adding it had held talks with several mining firms. - Reuters
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NY Attorney General Letitia James urges Congress to strengthen cryptocurrency regulations - NY 12 News
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Conservative McDonald's shareholders push for Bitcoin treasury plan, but SEC says company can dismiss proposal - The Block
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No crash, but certainly not skyrocketing: Bitcoin stagnates in the face of tariff uncertainty - El Pais
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Ripple & Solana launch groups to self promote - Unchained
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Stream all episodes on your favorite platform.
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April 28-30: Cleve is a speaker for the Responsible AI Symposium hosted by the National Fair Housing Alliance
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Based in DC, Intersect Public Affairs helps clients understand the intricacies of legislative processes, influence public policy, forge key alliances in the corporate and community sectors.
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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 $3 trillion crypto industry.
Cleve Mesidor, CEO & Managing Editor
Ashlynn Mesidor, CTO & Co-Founder
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