Latest from Nikhilesh De
U.S. Federal Reserve's New Supervision Chief Sold on Bringing Crypto to Finance
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.
Senate Banking Chair Tim Scott: 12-18 Dems May Vote for Market Structure Bill
The Senate only has a discussion draft out on market structure legislation so far, but Scott previously said he expects the bill to be done by the end of September.
Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets
The new offering follows the success of Polymarket-style event trading, but with CFTC-regulated contracts in the U.S.
TeraWulf Rally Cools on $850M Convertible Note Sale After Google Deal
Most of the net proceeds are earmarked for the firm's data center expansion, with $85 million set aside for capped call transactions to mitigate share dilution.
SoFi Taps Bitcoin Lightning Network for Global Remittances With Lightspark
SoFi will use Lightspark’s Lightning-based UMA tech to offer real-time, low-cost international transfers directly in its app
Tassat Names Glen Sussman CEO as Firm Eyes Next Stage of Institutional Growth
Sussman succeeds Zain Saidin, who will remain on the company’s board and take on a new role as senior adviser.
New U.S. Crypto Group AIP Joins Crowded Field, Targets Policymaker Education
The American Innovation Project is the latest digital assets advocacy organization to launch, but its tax status could help it find a niche.
U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity
The new stablecoin law called for the Treasury engagement on detecting illicit crypto activity, so the department is opening a comment period.
State of Crypto: Do Kwon Pleads Guilty
A few years after telling Terra/Luna investors that their funds were safe, Kwon admitted to misleading them.
Gemini Hires Goldmans, Citi, Morgan Stanley and Cantor as Lead Bookrunners for Its IPO
The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.
