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


Policy

Trump-backed World Liberty wins conditional bank charter from federal regulator

The Office of the Comptroller of the Currency said it granted "preliminary conditional approval" to World Liberty Trust Co. on Friday.

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

Policy

U.S. SEC to again delay 'innovation exemption' for tokenization amid Wall Street, White House concerns

The SEC was ready to release at least some part of the innovation exemption alongside its now-canceled open meeting for "Reg Crypto" on Friday.

U.S. Securities and Exchange Commission (Shutterstock)

Policy

SEC cancels long-awaited proposal of Reg Crypto, postponing meeting without new date

The first major crypto rule to be proposed by the U.S. Securities and Exchange Commission will have to wait a bit longer after a sudden postponement.

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

Finance

Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin

KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its long-promised financial audit.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

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Policy

Prediction markets should dial back faulty filings for incentives to boost trading: CFTC

The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.

CFTC HQ

Markets

Securitize falls 20% after earnings miss as tokenization revenue falls short

Tokenized assets hit a record and trading activity jumped, but revenue slipped in the firm’s first earnings report since going public.

Securitize's Carlos Domingo (CoinDesk)

Policy

Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank

Zerohash, which handles crypto plumbing for Morgan Stanley's E*Trade, said it's planning on re-filing and hoping for a swift resolution.

U.S. Comptroller of the Currency Jonathan Gould

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)

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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

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)