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

DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says

In an interview with CoinDesk, Former Acting U.S. Attorney Phil Selden says the DOJ’s record-setting $225 million crypto seizure reflects a new approach to protecting fraud victims.

U.S. Attorney General William Barr

Policy

EU Central Bank Commits to Distributed Ledger Technology Settlement Work

"The decision is in line with the Eurosystem’s commitment to supporting innovation without compromising on safety and efficiency in financial market infrastructures," a release said.

 EU flag (Unsplash)

Markets

SEC Approves Grayscale ETF That Includes BTC, ETH, SOL, XRP, ADA

The product will become the largest multi-token digital asset ETF in the world.

Grayscale ad (Grayscale)

Policy

GENIUS Act Lacks ‘Necessary Guardrails’ For Investor Protection, NYAG Letitia James Tells Congress

James suggested Congress require stablecoin issuers to use “digital identity technology” in all stablecoin purchases and transactions in order to protect national security.

New York Attorney General Letitia James (Michael M. Santiago/Getty Images)

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Policy

Congress' Budget Bill Advances From Senate Without Crypto Tax Provision

Hopes rose then quickly fell on a potential effort to slip a crypto tax provision into the legislation meant to activate Trump's core policy agenda.

U.S. Senate votes to approve budget bill (video capture, U.S. Senate)

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)

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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.

Circle's logo and name (Sandali Handagama/ CoinDesk)

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