Latest from Nikhilesh De
Schwab plans spot bitcoin, ether trading launch in first half of 2026
The financial services giant with almost $12 trillion in client assets is moving closer to direct crypto trading, offering subscription for early access to the Schwab Crypto account.
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks.
Todd Blanche, author of DOJ crypto enforcement memo, is now interim AG
U.S. President Donald Trump named Todd Blanche, his former personal attorney and deputy attorney general, as the interim top prosecutor.
Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week
Crypto and banking industry representatives are viewing revised stablecoin yield compromise language this week.
CFTC sues Illinois, Arizona, Connecticut over states' sports prediction market efforts
The CFTC argued in a lawsuit that the Commodity Exchange Act gave it "exclusive jurisdiction" over all swaps, which include prediction markets.
Coinbase wins initial bank regulator nod for trust charter, boosting custody push
Coinbase’s conditional OCC approval moves it closer to operating as a federally regulated crypto custodian, pending compliance and final review.
SoFi announces 24/7 banking hub that blends traditional cash with crypto
The new service lets companies hold dollars, convert to stablecoins and move money instantly within a regulated bank.
Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
The Citadel-backed exchange is seeking approval to offer custody and asset services as institutional demand grows.
Solana DeFi platform Drift confirms 'active attack' as more than $200 million leaves platform
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.
Clarity Act ‘not a gatekeeper’ for crypto innovation, WisdomTree exec says
The asset manager says innovation can proceed under current SEC rules as the Clarity Act faces debate in Congress.
