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

Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow

The leading industry PAC, Fairshake, put $2 million into a Detroit Democratic primary but came up short, even as several PAC-backed candidates won elsewhere.

U.S. Representative Shri Thanedar (Alex Wong/Getty Images)

Finance

Open USD rattled Circle's stock, but its key backers still support USDC

Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Samsung is poised to become a dominant stablecoin distributor, analysts say

Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.

Samsung headquarters. (Samsung Press)

Policy

Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him

Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin.

Senators Richard Blumenthal and Elizabeth Warren are among lawmakers pursuing probes into Binance. (Jesse Hamilton/CoinDesk)

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Policy

As Clarity Act teeters, mystery group hammers away at crypto in Washington ads

Crypto Watchdog has taken to warning people in DC about the hazards of digital assets, and its director won't say who is backing it.

A new group, Crypto Watchdog, is broadcasting ads to warn of industry hazards as the Senate tries to finish the Clarity Act. (Jesse Hamilton/CoinDesk)

Finance

BNY to add crypto staking to digital asset custody platform

The custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors.

BNY office (BNY/Press)

Policy

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

The agent, who had "top secret" clearance and worked in FBI headquarters, was accused of taking crypto from wallets the agency had investigated.

The U.S. Federal Bureau of Investigation arrested three men accused in a complicated scheme to steal $10 million from banks and swap it for crypto. (Jesse Hamilton/CoinDesk)

Policy

Bernstein sees another leg lower for crypto markets if Clarity Act stalls

The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

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Policy

Counting down the days: State of Crypto

The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Web3

Why a DeFi platform ditched its consumer app to become the secret backend for tech giants

Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.

Sparks flying (Jakub Skafiriak/Unsplash)