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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News Analysis

This is what's (currently) in the way of U.S. crypto market structure bill harmony

Though consequential Senate committee votes may be coming, the talks over the bill's language haven't yet satisfied fundamental requests from Democrats.

Senators Cynthia Lummis and Tim Scott, and White House crypto adviser Bo Hines (Jesse Hamilton/CoinDesk)

Policy

Senate Agriculture Committee to follow Banking panel in crypto vote next week: report

The Senate Agriculture Committee has previously released a discussion draft of its market structure legislation.

Senator Tim Scott (Jesse Hamilton/CoinDesk)

Markets

Solana Mobile sets Jan. 21 launch date for SKR token, confirms airdrop

The team said that 20% of the total supply has been set aside for users and developers eligible to receive tokens.

Solana Mobile's second generation phone Seeker (Solana Mobile)

Tech

JPMorgan to issue its JPM deposit token directly on privacy-focused Canton Network

The Kinexys-led move aims to bring regulated digital cash to a privacy-enabled blockchain for real-time, interoperable finance.

JPMorgan Building

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Markets

XRP spot trading is now live on Hyperliquid with Flare's FXRP listing

FXRP allows XRP to be traded on Hyperliquid's onchain orderbook and can later be bridged back to the XRP Ledger.

Trading screen

Policy

DeFi, ethics disputes remain in Senate crypto bill ahead of Jan. 15 vote

The Senate is approaching a potential markup that may advance crypto legislation to a vote, and industry insiders are amassing for a lobbying push this week.

U.S. Congress (Jesse Hamilton/CoinDesk)

Markets

Asset manager Bitwise sees 3 tests for crypto’s 2026 rally

Bitcoin and ether are off to a strong start this year, and Bitwise says the path to new highs hinges on market stability, U.S. legislation and calm equities.

(Yashowardhan Singh/Unsplash)

Policy

Crypto bill markup expected next week as pressure mounts before shutdown deadline

Senators met to restart the high-stakes negotiation over the crypto market structure bill, and one of them reportedly said a markup is planned next week.

Senator Scott, chairman of the Senate Banking Committee

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Finance

Most new crypto tokens lost over 70% in 2025. Here is what comes next

New crypto tokens overwhelmingly lost value in 2025 as early liquidity, weak utility and misaligned distribution collided with a risk-averse market.

Hot air balloon deflated(Getty Images/Modified by CoinDesk)

Policy

A few Republicans have crypto's destiny in their hands at the SEC, CFTC

After holiday leadership shifts, the two U.S. markets regulators — the SEC and CFTC — are now run only by pro-crypto Republicans, with Congress still debating.

SEC GOP contingent