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

Last week's vote on SEC Commissioner Caroline Crenshaw's renomination was derailed and is now scheduled for this Wednesday. 

The Wall Street Journal broke the story that the Trump transition team has started to explore pathways to dramatically shrink, consolidate or even eliminate the top bank watchdogs in Washington.” The focus is on the FDIC, OCC and Federal Reserve.

Congressman French Hill, a crypto-supporter, will Chair the House Financial Services Committee.

Rap superstar Drake’s X account was seemingly hacked and used to promote a Solana memecoin based on the rapper’ cartoon “alter ego” to his more than 39 million followers on Saturday night. The memecoin saw $5 million worth of trading volume before traders surmised the posts, which were later taken down, were fake. Several high-profile X accounts have been exploited in a similar manner in recent weeks. [Read]

Last week, former EToro CEO Lule Demmissie was honored with the Industry Vanguard Award during Fintech Is Femme’s inaugural FEMMY AWARDS celebration hosted by Nicole Casperson.

Have News To Share?

Send tips to cleve@butterscotch.media

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