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


Policy

State of Crypto: Infrastructure Bill Shows Congress Sees Crypto as Here to Stay

Congress's infrastructure bill may not be great for the U.S. crypto sector, but that there's a tax provision at all shows lawmakers recognize the industry's permanence.

Bitcoin analysts aren't too worried at the moment about Washington's plan for extra crypto taxes.

Policy

How Controversial Crypto Tax Found Its Way Into US Infrastructure Bill

The crypto provision in the U.S. infrastructure bill was one of a handful of issues that nearly delayed the entire package.

The infrastructure bill includes a controversial crypto tax provision that might expand the definition of "broker" beyond trading platforms to miners or developers.

Policy

New Crypto Bill in US Congress Is the Most Comprehensive Yet

Where other bills addressed crypto policy questions piecemeal, Rep. Don Beyer’s Digital Asset Market Structure and Investor Protection Act covers several in one fell swoop.

Rep. Don Beyer (D-Va.)

Markets

Updated US Infrastructure Bill Narrows Crypto Reporting Requirement

An updated draft of a controversial crypto reporting requirement clarifies that brokers "effectuate" transfers of digital assets, but stops short of explicitly excluding miners or other parties that don't provide customer transactions.

A bipartisan group of U.S. senators drafted an infrastructure bill to be paid for, in part, by broader crypto tax reporting standards.

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Markets

Kentucky Orders BlockFi to Stop Signing Up New Interest Accounts

Kentucky is the fifth state to allege BlockFi Interest Accounts are securities.

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Policy

New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes

The draft language could mean a number of individuals interacting with crypto may have to start reporting their transactions.

Sen. Rob Portman (R-Ohio), one of the lead negotiators on the bipartisan Senate infrastructure deal.

Policy

State of Crypto: Congress Is Holding 3 Hearings Today, Here's What to Expect

Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases.

Congress is holding so many hearings that touch on crypto today.

Markets

Uniswap Labs Limits Access to Some Tokens

The software development studio cited an "evolving regulatory landscape" in making its decision.

DeFiance Capital's Arthur Cheong is raising a new liquid venture capital fund.

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Finance

BlockFi Faces Crackdown by a Third US State, Texas

The Lone Star state’s proposed cease-and-desist order would bar BlockFi from offering interest accounts without registering with the state’s securities regulator.

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Markets

US Credit Union Regulator Wants to Know How Its Firms Handle DeFi

The NCUA is asking credit unions to weigh in on how they are interacting with DeFi and DLT.

The National Credit Union Administration, a federal regulator, wants to know more about how its regulated institutions are looking at DeFi and DLT.