
Latest from Nikhilesh De
Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks
Jefferies said that stablecoin giant Tether has quietly become one of the gold market’s most influential new buyers.

Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty
Industry groups signed a letter to President Donald Trump calling for new tax policy and agency action on initiatives apart from Congress' market structure work.

Trump's CFTC Pick, Mike Selig, Clears Hurdle on Way Toward Confirmation Vote
The day after his confirmation hearing, the Senate Agriculture Committee made a quick vote to push Mike Selig toward the overall Senate for a final vote.

Stablecoin Spending Goes Mainstream With Opera MiniPay’s LatAm Integration
The feature connects USDT balances to PIX and Mercado Pago, enabling users to pay with QR codes and converting to local currency instantly.

Samourai Wallet Co-Founder Bill Hill Sentenced to 4 Years in Prison for Unlicensed Money Transmitting
The 67-year-old Hill’s recent autism diagnosis, as well as his advanced age, seemed to serve as mitigating factors for the sentencing judge.

DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure
The protocol will instead focus on "liquidity infrastructure and deals" such as its recent $1 billion investment into PayPal's PYUSD.

Trump's Pick to Run CFTC, Selig, Tells Senators Crypto a 'Critical Mission' at Agency
Mike Selig, the nominee to be the next chairman of the Commodity Futures Trading Commission, testified at his confirmation hearing in the Senate.

New Hampshire Awaits Bitcoin Bond Buyer to Get First State Effort Rolling
The New Hampshire Business Finance Authority took the opening steps toward shepherding a potential $100 million private-sector bitcoin bond.

Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote
The Senate Banking Committee voted along party lines to send FDIC Acting Chair Travis Hill's nomination to the wider Senate for a final vote on taking the permanent job.

Canada Approves Budget That Advances Policy for Stablecoins
The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.
