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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Congress Out For August Recess |
Markup of a bill by Senate Agriculture Committee Chair Debbie Stabenow (MI) to regulate crypto has been pushed to September.
According to Politico, Senator Stabenow recently said that she feels “very good” about Harris’ approach to the issue after discussing it with her...“She knows what we’re doing, and she’s very interested in seeing what happens.”
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Crypto For Kamala Zoom Call Last Week |
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Diverse Web3 and DeFi builders and leaders hosted a substantive virtual meeting last week to express support for Kamala Harris for President, as well as to discuss policy priorities to foster financial inclusion and capital formation in the $2 trillion crypto market. Speakers called for a regulatory framework that balances consumer protection with measures to advance wealth creation. Among these legislative proposals should be empowering non-traditional retail investors, increasing access to capital for entrepreneurs, workforce training, technological infrastructure incentives for small businesses. Organizers are drafting a letter to send to the Harris campaign.
Excerpt From Bloomberg Article:
Cleve Mesidor, executive director of the nonprofit Blockchain Foundation and a former official in President Barack Obama’s administration, hosted a virtual meeting on Thursday with a few hundred participants from the crypto industry. During the meeting, Mesidor said she and other Harris allies expressed optimism about the potential for a Harris-led White House to positively impact Web3 and decentralized finance, especially for people of color working in the sector. Mesidor said that she has spoken with various Democratic Party members who are close to Harris, and advised the crypto industry to be patient regarding the stance Harris may take on the issue. "With all of the priorities, with all of the various groups that in just a week-and-a-half have really coalesced around her, she’s not going to say ‘my biggest priority is crypto’ or ‘my biggest priority is climate,’” Mesidor said in an interview. “She has to be a leader that is tempered, that is measured, that’s pushing the teams.”
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Arthur Hayes Releases NFT Collection 'Airheads' on Bitcoin Ordinals - CoinDesk
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California DMV puts 42 million car titles on blockchain to fight fraud - Reuters
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Alabama begins grappling with how to use, regulate blockchain tech, cryptocurrency - AL Local
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White House officials and elite democratic operatives will attend a virtual roundtable with crypto industry executives discussing digital asset policy on Monday, according to a report from Politico Pro.
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Jersey City Mayor Steven Fulop said Thursday the city’s pension fund will invest in bitcoin ETFs - The Block
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New Podcast Episode Tomorrow |
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This week, host Ritzy P interviews Tiffany J. Smith, Co-Founder, Blockchain Braintrust Retreat on Martha's Vineyard
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OUTPOST: August Policy Roadshow |
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Almost Four Years Ago... January 2021 |
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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
Ashlynn Mesidor, COO & Co-Founder
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