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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US Rep Soto DeFi CHCI Panel |
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WED: DIGITAL ASSETS HEARING |
On Sept 18, HFS is convening a hearing, "Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets."
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Lawmakers on the House Financial Services’ digital assets-focused subcommittee continued to hash out how to regulate DeFi during a hearing last week. Lawmakers have so far left out regulating DeFi in recent bills. In legislation passed out of the House of Representatives this past year, lawmakers opted to direct the U.S. Treasury Department, Securities and Exchange Commission and the Commodity Futures Trading Commission to study DeFi.
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In a footnote in its proposed amended complaint against crypto exchange Binance, the agency said that when it refers to crypto asset securities, it’s not referring to the crypto asset itself but the full set of contracts, expectations and understandings of the sales of such assets. In fact, the agency just simply uses the term as a “shorthand.”
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EMTECH CEO CARMELLE CADET |
Accenture is investing in EMTECH to strengthen CBDC, fintech solutions. The deal will see EMTECH’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.
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Diverse Web3 & DeFi industry leaders will participate.
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The Commodity Futures Trading Commission’s Office of Customer Outreach and Education is partnering with the American Bankers Association Foundation along with other federal agencies and a private regulator to distribute an infographic to help consumers recognize and avoid so-called “pig butchering” fraud. The one-page infographic illustrates the scam’s phases—from how victims are targeted and groomed to how the scam ends — and provides warning signs and steps to take if a person has been victimized.
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Hosts Cleve Mesidor & Ritzy P
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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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