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


Finance

Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars

The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.

U.S. dollar (Unsplash, modified by CoinDesk)

Policy

Paraguay Is Only Waiting for Crypto Law: El Salvador’s Top Crypto Regulator

“From my perspective, Paraguay seems to have the groundwork laid for supervision, regulation, and taxation regimes," said CNAD President Juan Carlos Reyes.

Paraguay. Credit: Planet Volumes, Unsplash+

Policy

As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift

In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY and a Wall Street super-lawyer further show a tradfi arrival.

French HIll, chairman of the House Financial Services Committee (Jesse Hamilton/CoinDesk)

Markets

Cboe Files Several Amended Documents to Allow Ether Staking in ETFs

The exchange filed amended 19b-4 documents with the Securities and Exchange Commission asking to allow staking of the ETFs.

Crypto exchange Cboe is asking the U.S. Securities and Exchange Commission (SEC) to allow staking in several spot ether (ETH) exchange-traded funds (ETFs

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Policy

U.S. SEC's Acting Chair Walking Back Agency Proposal on Crypto Trading Platforms

The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.

Acting SEC Chair Mark Uyeda (Nikhilesh De/CoinDesk)

Policy

Cayman Islands Now Requires Licensing for Crypto Custody and Trading Companies

The new law will go into effect on April 1, 2025.

Cayman Islands (Creative Commons)

Markets

Volatility Shares Files for 3 XRP ETFs

The filings add to a growing list of firms seeking to launch XRP-focused ETFs in the U.S.

Polymarket odds of XRP ETF approval (Polymarket)

Policy

Coinbase CEO Armstrong Says He'll Hire 1,000 in U.S. as Crypto Tide Turns

Brian Armstrong said recent policy shifts warrant a new push in the U.S., and president's working group chief Hines said Trump is delivering on crypto promises.

Coinbase CEO Brian Armstrong at the White House

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Policy

Trump's Crypto Summit Sets Agenda for U.S. Pivot

After ordering a bitcoin reserve, the president ushered crypto CEOs into the White House today to tell them their era of U.S. government resistance to crypto is over.

Donald Trump speaking at the White House crypto summit. (Jesse Hamilton/CoinDesk)

Policy

Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering

Garantex was sanctioned in 2022 for facilitating money laundering for ransomware actors and darknet markets.

Moscow (Photo by Frédéric Soltan/Corbis via Getty Images)