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


Markets

ProShares Debuts 'Ultra CRCL' ETF, Letting Traders Double Down on Circle Stock

The ETF is the first to offer amplified exposure to Circle, whose stock price has skyrocketed 134% since the company’s debut in June.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Chainlink Launches LINK Reserve to Fuel Network Growth

The reserve is funded by offchain and onchain revenue, which is automatically converted into LINK via mechanism called Payment Abstraction.

(Chainlink)

Policy

Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict

After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to commit money laundering charge or the sanctions evasion charge.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

Roman Storm Jury Deadlocked, Judge Tells Them to Keep Deliberating

After four days of deliberations, the New York jury deciding Tornado Cash Roman Storm’s fate said they can’t reach a unanimous verdict on all three charges.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

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Tech

Solana’s Seeker Phone Fixes Saga’s Flaws With Usability Upgrade

Out of the box, it’s clear who this device is for: active Solana users who regularly transact on-chain, with the design focusing on everything crypto-first.

Solana Mobile's second generation phone Seeker (Solana Mobile)

Policy

SEC Says Liquid Staking Doesn't Run Afoul of Securities Laws

The SEC's latest staff statement — which isn't binding guidance — addresses certain aspects of liquid staking.

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Finance

U.S Neobank Slash Debuts Stablecoin with Stripe's Bridge for Global Business Payments

The firm aims to reduce settlement times and foreign exchange fees with its USDSL stablecoin, issued by Bridge.

Slash founders Kevin Bai and Victor Cardenas (Slash)

Policy

U.S. CFTC Considers Allowing Spot Crypto Trading on Registered Futures Exchanges

The U.S. Commodity Futures Trading Commission wants stakeholders to work with it to provide regulatory clarity on listing spot crypto assets.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

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Tech

Solana's Jito Proposes Routing 100% of Block Engine Fees to DAO Treasury

If approved, the DAO would assume full control over protocol revenue streams, directing them to the network's tokenholders.

jito

Policy

FinCEN Warns Financial Institutions of Crypto Kiosk Scams

The regulator cited a growing number of scams involving crypto kiosks, including fake tech support and bank-related scams.

Bitcoin ATMs (John Paul Cuvinar/Unsplash/Modified by CoinDesk)