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

Alleged Ponzi scheme victims sue JPMorgan for banking supposed $328 million scam

The proposed class action suit said Chase provided “the essential banking infrastructure” for Goliath Ventures’ alleged fraud, despite red flags it claims made the scheme “obvious.”

JPMorgan Building

Policy

Prediction markets get tailored U.S. guidance from former foe CFTC

The agency that once fought the events contracts platforms in court has now issued a new policy stance and is proposing permanent rules for oversight.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

News Analysis

Market structure state of play: State of Crypto

Hopes are rising that the Clarity Act may soon see some forward motion.

Capitol in Washington, D.C. (Harald Mendoza/Unsplash)

Finance

Canton’s Yuval Rooz says smart contract blockchains face a reckoning over value gap

The network's co-founder says many blockchains pitching financial rails lack the activity to justify their valuations, and stablecoins still lack true product-market fit.

Yuval Rooz, co-founder of Canton

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Markets

Latin America’s crypto user growth outpaced U.S. by 3x in 2025, report shows

Brazil and Argentina are leading the growth, with Brazil dominating by transaction size and Argentina seeing increasing adoption driven by cross-border payments and stablecoin use.

Latin America (Leon Overwheel/Unsplash)

News Analysis

Those who cheered U.S. Bitcoin reserve have spent year watching Trump's order languish

The executive order to build President Donald Trump's Strategic Bitcoin Reserve has awaited congressional action, and sources say there's one idea left for 2026.

U.S. President Donald Trump  (Jesse Hamilton/CoinDesk)

Finance

OKX is building a social network directly into its trading app after massive $25 billion valuation

The move comes shortly after Intercontinental Exchange valued OKX at $25 billion and reflects a broader push to combine trading, community and market data in one platform.

(Camilo Jimenez/Unsplash)

Policy

SEC, Justin Sun reach settlement over Tron lawsuit

Rainberry, a company affiliated with the Tron network, will pay a $10 million fine. Charges against Sun will be dismissed.

Justin Sun speaks at Consensus Hong Kong (CoinDesk)

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Policy

U.S. banking agencies say capital should be same for standard or tokenized securities

The Federal Reserve and other banking regulators clarified that the capital tally in banks needs identical treatment whether securities are tokenized or not.

Jefferies quietly becomes a power player in crypto investment banking. (Unsplash)

Markets

Short seller Culper bets against ether, Tom Lee's BitMine citing 'death spiral' risk

The short seller firm said that Ethereum's native token is "impaired," leaving treasury firm BitMine holding the bag while co-founder Vitalik buterin is selling.

Thomas Lee, chairman of Bitmine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (David Paul Morris/Consensus)