
Latest from Nikhilesh De
Coinbase Shares Jump 8% on S&P 500 Inclusion
The company is set to join the broad-market stock index on May 19, replacing Discover Financial.

New York Mayor Eric Adams to Crypto Industry: Come Build an Empire in NYC
“We’re in the midst of nothing short of a technological revolution,” Adams said at a Monday press briefing. “It’s not the future, it is here and it’s here now.”

Market Structure Rules for Crypto Could End Up Governing Core of U.S. Finance: Le
TuongVy Le, a compliance expert and ex-SEC lawyer, said the rest of the financial industry is likely to migrate into the world overseen by pending regulations.

State of Crypto: Mapping Out the Senate Stablecoin Bill's Next Steps
While the Senate failed to advance its stablecoin bill this week, it's not dead yet.

As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins
While the top Democrat on the Senate Banking Committee argues for stablecoin limits, she and colleagues also questioned Binance's talks with Treasury.

Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting
Both Jefferies and H.C. Wainwright analysts said MARA's focus on lowering power cost, that differentiates the miner from its peers.

Trump Family-Linked Firms Profited $320M on Memecoin Despite 87% Decline Since Day One
Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money.

Samourai Wallet Prosecutors Say Delayed FinCEN Disclosure Wasn’t a Brady Violation
At most, the late disclosure impacts one of the two charges against Samourai Wallet’s co-founders, prosecutors said in their Friday letter to the judge.

SEC, Ripple Ink $50M Settlement Agreement, Ask NY Judge for Green Light
District Judge Analisa Torres ordered Ripple to pay the SEC a $125 million fine last year. Under the new settlement agreement, Ripple will get the majority of that money back.

Meta Is Looking to Enter Red-Hot Stablecoin Market: Fortune
The tech giant reportedly also hired a vice president of product with crypto experience to help with the stablecoin efforts.
