IT'S WOMEN'S HISTORY MONTH! |
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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OCC Requests Comments on Proposal to Implement GENIUS Act |
OCC seeks feedback that reflects broad industry perspective.
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CFTC Enforcement Division Issues Prediction Markets Advisory |
Last week, the Commodity Futures Trading Commission’s Division of Enforcement issued an advisory following public release of two enforcement cases involving misuse of nonpublic information and fraud with respect to certain prediction markets, also known as event contracts, traded on KalshiEX, a Designated Contract Market.
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Senators Concerned about Deep Cuts at CFTC Chicago Office |
Last week, U.S. Senators Durbin, Klobuchar, Booker, Warnock, and Schiff sent a letter to the chair of the Commodity Futures Trading Commission asking about the lack of enforcement attorneys at the regulator’s Chicago office.
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What We're Reading & Writing |
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Lawmakers seek to boost CFTC budget to take on crypto oversight. The agency is 'broadly understaffed' as it prepares for major new regulatory role. - Roll Call
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Senators Warn of ‘Significant Weakening’ at the CFTC. - Barrons
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Editorial by U.S. Senator Dick Durbin: Trump cuts to CFTC Chicago office put consumers at risk. - Crain’s Chicago Business
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Crypto super PAC, Fairshake, is going after Democrat Juliana Stratton, who is a leading contender to replace Senator Dick Durbin. - POLITICO
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US lawmakers revisit stablecoin yields amid deposit flight concerns during a Senate Banking Committee hearing with bank regulators. - The Block
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Trump’s White House Has One View of Crypto Legislation. His Family’s Crypto Company Has Another. - Decrypt
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Jack Dorsey’s 4,000 Job Cuts at Block Arouse Suspicions of AI-Washing. - Bloomberg
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A former Labour minister has added her voice to those of a growing list of experts and senior MPs calling for a ban on political donations in cryptocurrency as concerns grow over foreign interference in British elections. - The Guardian
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Permissibility is the real prize for banks in crypto bill. - American Banker
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Competitive Crypto Caribbean
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Cleve Mesidor's latest Forbes article focuses on the Caribbean’s leadership in crypto. It highlights unique perspectives from local crypto industry leaders regarding the region’s competitive advantage in digital finance.
[Read Here]
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WHERE'S CLEVE THIS MONTH? 🗓 |
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MARCH 2026: (First Midterm Election primaries are this month, including NC, TX)
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3/3: Cleve participates in NCUA Blockchain & Credit Union Roundtable, DC
- 3/3-4: Cleve attends the Milken Institute Future of Finance Summit, DC
- 3/8: Int’l Women’s Day
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3/9: Cleve Mesidor will be at the New York Stock Exchange for a live interview on FintechTV’s “Market Movers - The Opening Bell” with host Remy Blaire
- 3/9: SEC Small Business Summit, DC
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3/17-18: Cleve attends DC Blockchain Summit hosted by Digital Chamber
- 3/19: Cleve speaker on panel, "Tokenization: Current State of Play, Regulatory Challenges and Future Directions," during the ABAC-ILI-APFF-APIP Digital Finance Roundtable, DC
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3/25: Cleve speaks at the DFW Business Council Supply Chain Professionals Luncheon, Dallas
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CLEVE'S HOT TAKE: CRYPTO & BHM |
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Two graphics that speak volumes 👆🏾
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The U.S. Senate only has five African American Senators. Yet, they are leading voices driving bipartisanship in crypto policy in Congress.
• Both in the House and now in the Senate, Senator Lisa Blunt Rochester (DE) has co-authored meaningful legislation to advance blockchain technology to fuel U.S. competitiveness.
• A freshman, Senator Angela Alsobrooks (MD) co-authored the GENIUS Act, which is now law.
• Senator Cory Booker (NJ) is currently a lead negotiator for the Senate Agriculture Committee crypto market structure bill.
• Senator Raphael Warnock (GA), though not quite a champion, has focused his legislative efforts narrowly on ethics and consumer risks to increase accountability (Issues all five Senators have also prioritized).
• As the only Black Republican, Senator Tim Scott (SC) Chairs the Senate Banking Committee, which can be argued is the most powerful body for crypto policy in that chamber.
African American policymakers in Washington continue to be key bipartisan voices in Web3 and DeFi policy debates 🔥
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SEASON TWO DROPS THIS MONTH 🎙 THE GET DOWN: BEYOND BITCOIN PODCAST |
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Stream all of season one 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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