🗓️ June: Primary Elections in 18 States, FIFA World Cup Begins, Knicks/Spurs NBA Finals |
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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The U.S. House Financial Services Committee has a robust hearing schedule for June.
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CFTC Issues Policy Statement Concerning the Listing of Perpetual Contracts |
The Commodity Futures Trading Commission last week issued a policy statement describing the views of the Commission concerning the listing of perpetual contracts. This policy statement was issued contemporaneously with an order permitting the listing of a perpetual contract, which references the spot price of bitcoin, by a DCM as a futures contract.
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CFTC Sues to Block State Enforcement in Rhode Island Amid Ongoing Efforts to Preserve Jurisdiction |
Last week, the Commodity Futures Trading Commission moved to intervene in a lawsuit in the U.S. District Court for the District of Rhode Island to halt the state’s efforts to apply state gambling laws against CFTC-registered contract markets.
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What We're Reading & Streaming |
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Crypto champion Trump may be jeopardizing the industry's landmark legislation. - The Block
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AI companies, the cryptocurrency industry and pro-Israel groups are spending like never before to sink their least favorite members of Congress and congressional candidates. - Axios
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Pro-crypto Democratic Representative Christian Menefee won against 20-year incumbent Al Green in the Democratic primary runoff. This follows millions of dollars in crypto super PAC spending that backed Menefee and opposed Green, a vocal critic of crypto. - The Block
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‘He’s full of s--t’: JPMorgan’s Dimon rips Coinbase CEO, escalates fight over crypto bill. The JPMorgan Chase CEO said banks of all sizes oppose a landmark crypto bill under consideration in the Senate and will not “bow down” to ascendant crypto players. - POLITICO
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Bitcoin Depot, once the country’s largest cryptocurrency kiosk operator, filed for bankruptcy this month, citing tougher new regulations and compliance obligations that have made its business model unsustainable. The company announced that its network of more than 9,000 crypto kiosks worldwide — located in the U.S., Canada and Australia — has been shut down. - AARP
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| Could Two Crypto Bills Be Signed Into Law in 2026? |
Cleve Mesidor's latest Forbes article focuses on crypto tax architecture legislation, which appears to be on the fast track in Congress.
U.S. Reps. Steven Horsford (NV-04) and Max Miller (OH-07), who serve on the House Ways and Means Committee, are leading negotiations to advance digital assets tax legislation into law this year.
CLARITY and PARITY are both vital to a comprehensive policy and regulatory framework for Web3 & DeFi. And it seems they are on parallel paths to potentially become law this year.
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THE GET DOWN: BEYOND BITCOIN PODCAST |
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| SEC Comm'r Peirce: "Build Useful Things"
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As Commissioner Hester Peirce prepares to conclude her tenure at the SEC later this year, Cleve Mesidor sat down with her to discuss her unique crypto origin story, vision for a digital asset regulatory framework, insights regarding inter-agency harmonization, and so much more. Watch on FintechTV.
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Stream all episodes with hosts Marisa Estrada Rivera and Cleve Mesidor 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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