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

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Policy

Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue

Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.

Reps. Patrick McHenry (left) and Maxine Waters (Alex Wong/Getty Images)

Policy

SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing

Gary Gensler testified before the House Financial Services Committee for roughly five hours on Tuesday.

SEC Chair Gary Gensler (Pool /Getty images)

Policy

What’s in the House Financial Services Committee’s Stablecoin Bill?

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

Rep. Patrick McHenry (R-N.C.) is leading efforts in the House to pass stablecoin legislation (Suzanne Cordeiro/Shutterstock/CoinDesk).

Policy

Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing

Gensler is set to testify in an oversight hearing Tuesday.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

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Policy

Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit

The agency said Bittrex failed to register as an exchange, broker or clearing agency.

(Nikhilesh De/CoinDesk)

Policy

U.S. House Committee Publishes Draft Stablecoin Bill

The stablecoin bill is the first major piece of crypto legislation in 2023.

The United States Capitol (Getty Images)

Policy

U.S. SEC Moves Toward DeFi Oversight as It Reopens Proposed Regulations

The Securities and Exchange Commission is confirming crypto industry worries that, yes, the proposal last year to widen its view of securities exchanges will fold in DeFi.

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

Policy

World Regulators Are Looking at DeFi

The U.S. Treasury Department and French central bank published reports looking at DeFi risks and providing recommendations for mitigating them.

(carterdayne/GettyImages)

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Policy

The SEC's Beaxy Suit Looks Like a Coinbase Case Preview

The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?

(Nikhilesh De/CoinDesk)

Policy

Tron Founder Justin Sun Reportedly Lost His Diplomatic Status

Grenada recalled all diplomats after the June 2022 election, when the party that granted Sun's title was ousted from power, the Grenada Broadcasting Network reported.

Tron founder and diplomat Justin Sun (Shutterstock/CoinDesk)