Latest from Nikhilesh De
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it's now open for public comments.
CME chief executive says company plans to sue CFTC after perpetual futures approval
Kalshi's perpetual futures product did not meet the Dodd-Frank Act's definition of a "swap" and should not have been approved, Terrence Duffy said.
Kentucky targets prediction markets, puts Trump-aligned state in potential clash with president's team
President Donald Trump has taken the stance that states have no business with firms like Kalshi and Polymarket, and now a staunch GOP state is defying that view.
Fidelity joins Wall Street's race to manage stablecoin reserves
Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.
FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to test out a new ticketing system.
Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget
The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.
Live markets: Fed holds rates steady, but makes a hawkish turn as Warsh takes over
Bitcoin's Sharpe ratio hit a level that has marked every cycle low since 2015, but in each case it preceded months of basing rather than an immediate rebound.
U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.
Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa
The deal values Flutterwave at $3.2 billion, and will integrate Ripple's RLUSD and the XRP Ledger network to speed cross-border payments across Africa.
Summer of crypto (regs): State of Crypto
Lawmakers are debating taxes, the CFTC put out a prediction market proposal and court cases are heating up.
