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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butterscotch Media's Cleve Mesidor is among six female crypto industry leaders recognized by Coinbits.

butterscotch Media COO Ashlynn Mesidor got to meet acclaimed movie director Ava DuVernay on the red carpet at the Oscars last week.

Last week, Majority Whip Tom Emmer and Congressman Ritchie Torres launched a new Congressional Crypto Caucus to serve as a "unified nonpartisan voting block in Congress." This is different from the Congressional Blockchain Caucus, which was created in 2016. 

New guidance from the Office of the Comptroller of the Currency (OCC) states that "crypto-asset custody, certain stablecoin activities, and participation in independent node verification networks such as distributed ledger are permissible for national banks and federal savings associations." [Read OCC statement]

19 Democrats helped win a victory for a U.S. Senate effort to erase a Biden administration crypto tax rule last Tuesday, clearing what may have been the most difficult hurdle toward eliminating the Internal Revenue Service's new broker rule that was set to include decentralized finance (DeFi). The Senate voted 70-27 to approve a resolution under the authority of the Congressional Review Act to cut out the expansion of the IRS' broker rule as if it never existed. 

The U.S. government owns about 200,000 bitcoins, which have been seized in criminal and civil proceedings. Last week, a new Executive Order established a strategic bitcoin reserve, which will be capitalized with the government's existing stockpile. Crypto czar David Sacks said new tokens will not be acquired. [Read EO]

March 4: Cleve Mesidor attended a Blockchain & Credit Union Roundtable led by NCUA Chair Kyle Hauptman, which also featured FDIC Acting Chair Travis Hill, SEC Commissioner Hester Peirce, Treasury Department’s Tyler Williams. 

March  7:  CEOs attended the first White House Crypto Summit

March 6: CFTC convened a CEO Forum on digital assets hosted by Acting Chair Caroline Pham

March 5: Cleve Mesidor attended the 3rd Annual Future of FinTech Symposium hosted by Milken Institute. Milken Fintech Director Nicole Valentine interviewed  Congressman Josh Gottheimer (NJ-5) 

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 $3+ trillion crypto industry.

Cleve Mesidor, CEO & Managing Editor

Ashlynn Mesidor, CTO & Co-Founder