Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Finance

Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout

The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst.

Goldman Sachs (GS/Wikimedia Commons)

Finance

Wintermute plans $1 billion AI push beyond crypto: Bloomberg

The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.

Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)

Tech

coverage ended

Live updates: AI stocks surge on Q2 beats, bitcoin falls below $64,000 as inflation hits estimates

Blockchain data shows the Japanese treasury firm moved the bitcoin between wallets it controls, not to an exchange, so the transfer isn't a sale despite its $1.4 billion paper loss.

Bitcoin (BTC) price on Wednesday Aug. 12 (CoinDesk)

Markets

Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move

Weeks of sideways trading have crushed volatility, leaving Wednesday’s inflation report as the next potential catalyst, analysts said.

Spark (MyriamsFotos/Pixabay, modified by CoinDesk)

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Policy

CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit

New York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

Finance

Brazil's largest lender Itaú is stepping deeper into the tokenization

Itaú Unibanco said it teamed up with tokenization specialist OpenAssets to test tokenized bonds and funds in a pilot run by Brazil's financial watchdog ANBIMA.

“No company, no enterprise can survive in capitalism without access to the financial system,” said lawyer Fernando de Magalhães Furlan. (Credit: Tupungato / Shutterstock)

News Analysis

If crypto goes back to the congressional drawing board, 3 Democrat women loom large

The Democrats who may get a bigger say in future crypto legislative efforts are familiar figures, and they generally look at digital assets with distrust.

U.S. Representative Maxine Waters (Eric Lee/Getty Images)

Policy

U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings

The Securities and Exchange Commission will vote this week to start its first major crypto rulemaking process.

U.S. SEC headquarter in Washington (Jesse Hamilton/CoinDesk)

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Finance

Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million

The Truth Social parent held 9,477 BTC worth $557 million at the end of June, while its Cronos position also suffered a steep drop in value.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)

Policy

Is Clarity's delay a blessing in disguise?: State of Crypto

The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn't the worst possible outcome.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)