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


Tech

Securitize, RedStone Pilot ‘Trusted Single Source Oracle’ to Secure Tokenized Fund NAVs

The teams have released a whitepaper that introduces a new model for securely verifying Net Asset Value (NAV) data on-chain for tokenized private funds.

Securitize CEO Carlos Domingo (Securitize)

Markets

Asia Morning Briefing: Are Distributed Compute Tokens Undervalued Vs CoreWeave?

Unlike GameFi’s inflated hype, Distributed Compute Tokens offer real utility serving AI, storage and GPU markets but remain modestly valued despite rising global demand.

Data center (Taylor Vick/Unsplash)

Policy

Senator Seeks to Waive U.S. Taxes on Small-Scale Crypto Activity in Big Budget Bill

The effort from Senator Cynthia Lummis is one of several crypto tax provisions in an amendment aimed at reducing tax burdens in core areas of the industry.

Sen. Cynthia Lummis (Jesse Hamilton/CoinDesk)

Finance

Circle Applies for National Trust Bank Charter

A federal trust charter would bring Circle under direct federal bank regulator oversight, aligning it with how traditional financial institutions are overseen.

(Sandali Handagama/ CoinDesk)

Advertisement

Markets

First Solana ETF to Hit the Market This Week; SOL Price Jumps 5%

A spokesperson for Osprey confirmed that the fund would begin trading on Wednesday.

Solana's price action over the past

Policy

Supreme Court Declines to Take Up Coinbase User Data Privacy Case

A lower court’s decision to side with the Internal Revenue Service (IRS) in the long-running case is legally binding.

U.S. Supreme Court (Getty Images/Joe Daniel Price)

Policy

Industry's PAC Keeps Seeking to Add Allies as Congress Hashes Out Crypto Legislation

Crypto political action committee Fairshake dropped another $1 million on a Virginia special-election candidate, likely heading toward another win.

Fairshake PAC influenced 2024 congressional elections

News Analysis

'Like Ordering McDonald's:' Malta's MiCA Fast-Track Draws Oversight Concerns

Some people think Malta is nimble and innovative when it comes to regulation. But others see a fast track to regulatory arbitrage.

Malta (Ludovica Dri/Unsplash)

Advertisement

Policy

Ripple to Drop Cross-Appeal Against SEC, Ending Years-Long Legal Battle With SEC

The decision, announced by Ripple Labs CEO Brad Garlinghouse on Friday, comes shortly after a New York judge blocked the company’s second attempt to settle the case for $50 million.

Brad Garlinghouse (Steve Jennings / Getty Images)

Policy

Bitvavo Secures a MiCA License From the Netherlands

The company joins Kraken, Coinbase and Bybit who have also received MiCA licenses to operate in Europe.

Amsterdam buildings (Unsplash/  Azhar J)