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.
www.butterscotch.media
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Crypto-friendly officials Angela Alsobrooks and Rep. Lisa Blunt Rochester will help advance a policy and regulatory framework for Web3 & DeFi in the 119th Congress. US Rep. Blunt Rochester co-sponsored the Deploying American Blockchains Act (H.R. 6572).
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The Wyoming Stable Token Commission has appointed Debra C. Brookes - previously with the New York Department of Financial Services (NYDFS) - as its new Chief Risk & Compliance Officer.
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- Detroit to become largest US city to accept cryptocurrency payments. Residents will have the option beginning in mid-2025 to make the payments with the digital currency through a secure platform managed by PayPal. - Detroit News
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Fed Chair Says He Won’t Leave if Trump Asks. Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in 2018. - NY Times
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Bitcoin Is Surging—So Why All the Crypto Layoffs? - Decrypt
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How Democrats Failed to Deliver on Crypto’s Promise in the 2024 Elections. Democrats missed a crucial chance to shape a clear and balanced framework that could protect consumers while still fostering robust innovation in the US. – Unchained by Dr. Tonya M. Evans
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Jack Dorsey’s Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter. Block is also shutting down TBD, a Bitcoin-focused arm of the business. - TechCrunch
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FTX Sues Scaramucci to Recoup Money for Creditors. Lawsuit says $67 million was invested into Skybridge endeavors. FTX says investments conveyed ‘little to no benefit.’ - Bloomberg
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Chair Gensler’s anti-innovation crypto crusade must end. Crypto needs clarity, not crackdowns, from the SEC - Editorial by Marisa Coppel
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Tracking Trends in Cryptocurrency. A look at familiarity, ownership and usage of cryptocurrency - Data by Morning Consult
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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, CTO, Co-Founder
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