Senate Crypto Clarity Cloture Vote Next Week |
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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Last week, the SEC proposed modernizing transfer agent rules to recognize blockchain as a record of securities transactions. The proposed updates reflect the technological environment in which transfer agents operate, including the widespread use of electronic recordkeeping and communications, and the services they provide to issuers, investors, and other market intermediaries.
Public comment period is now open.
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House GOP Cuts September Short |
The House will no longer vote during the final two weeks of September as previously scheduled, sending lawmakers home early ahead of a competitive midterm election. GOP leadership canceled the weeks of September 21 and September 28, which included eight voting days, per a notice from the office of Majority Whip Tom Emmer (R-Minn.). After the Labor Day recess, the House will now only have four days in session before lawmakers go home for the remainder of the month and all of October. [Read in Bloomberg]
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9/17: SEC Roundtable on Preparations for 24-Hour Trading |
The roundtable is open to the public and will be held at the SEC’s headquarters at 100 F Street, NE, from 10 a.m. to 4 p.m. ET. [SEC Details]
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Coinbase Board appoints Anthony Armstrong who previously served as a senior advisor with the Federal Department of Government Efficiency (DOGE). – The Block
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Coinbase Co-Founder Seeks Fields in Venezuela Oil Shakeup. - Bloomberg
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Crypto Billionaire Chris Larsen, Co-Founder of Ripple, Donates $500,000 to Support Political Moderate in Supervisors Race. The donation supports moderate Democrat Theo Ellington’s bid to replace progressive supervisor Shamann Walton in November. The donation is believed to be the largest in San Francisco history to a third-party supporting a single candidate. - KQED
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- AI and crypto groups were among the biggest players in this year’s primaries. Here’s how they did. Newly created super PACs mostly got their candidates — but also lost some high-profile races. - POLITICO
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Crypto Money Still Matters for the Midterms. Crypto companies have so far put $206 million toward this year’s midterm elections, more than any other corporate sector, including the AI industry, according to a Public Citizen analysis of OpenSecrets and Federal Election Commission data. - The Atlantic
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- The National Sheriffs’ Association is dropping its opposition to landmark cryptocurrency legislation after spending months pushing back on it, signaling momentum ahead of a Senate vote. - Semafor
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- Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings. - The Block
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New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets. After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in. - CoinDesk
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G20 finance leaders vow to establish 'clear pathways' for digital assets innovation. - The Block
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2026 "butterscotch 60" Release This Week |
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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 $3 trillion crypto industry.
Cleve Mesidor, CEO & Managing Editor
Ashlynn Mesidor, CTO & Co-Founder
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