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

SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims

The SEC sued Binance, Binance.US and Changpeng "CZ" Zhao last week.

Binance CEO Changpeng Zhao (CoinDesk)

Finance

Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules

The crypto-friendly bank was also denied immediate membership with the Federal Reserve, with the court saying Custodia could pursue membership through other channels.

Custodia Bank founder Caitlin Long (Suzanne Cordeiro/Shutterstock/CoinDesk)

Policy

CFTC Wins Lawsuit Against Ooki DAO

The regulator's victory serves as proof decentralized entities can face legal consequences for their dealings, contrary to popular beliefs.

(Pixabay)

Policy

Mt. Gox's Hackers Are 2 Russian Nationals, U.S. DOJ Alleges in Indictment

One of the individuals also operated BTC-e, the DOJ alleged.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

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Policy

Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says

Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.

Matthew Long, director of payments and digital assets at the FCA. (FCA)

Finance

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources

The financial terms of the deal were not disclosed by the source.

Full Shows – Consensus: Distributed

Policy

Providing Regulatory Clarity (Binance and Coinbase Edition)

The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward.

Coinbase CEO Brian Armstrong, Binance CEO Changpeng Zhao (CoinDesk archives)

Policy

Binance Says Gensler Once Offered to Be an 'Informal Advisor'

A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder.

Gary Gensler (Third Way/Flickr)

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Policy

Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted

The companies’ top lawyers testified in a House crypto hearing that they spent months trying to get the SEC to help them comply before being rebuffed.

U.S. Securities Exchange Commission Chair Gary Gensler advises in video that crypto firms need to register. (CoinDesk screen grab from SEC investor-education video)

Consensus Magazine

Atomic Wallet Was Breached by North Korean Hackers: Elliptic

Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.

(boonchai wedmakawand/Getty Images)