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

Former Bakkt CEO Kelly Loeffler Loses Senate Seat; Democrats Retake Senate

Former Bakkt CEO Kelly Loeffler lost her Senate seat to Democrat Raphael Warnock in a special election Tuesday night.

Senator Kelly Loeffler (R-Ga.), former CEO of Bakkt

Policy

US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins

Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.

Former Acting Comptroller of the Currency Brian Brooks

Markets

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.

FinCEN director Kenneth Blanco

Markets

EToro USA Becomes Latest Exchange to Suspend XRP Trading

The U.S. division of eToro is suspending XRP trading after an SEC suit against Ripple Labs alleges the token is a security.

eToro

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Markets

Binance US Says It Will Delist XRP on Jan. 13

Binance becomes latest crypto exchange to delist Ripple's XRP.

Binance BSC, Binance app

Markets

Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple

Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs.

Brad Garlinghouse, Ripple CEO, speaks at Davos 2020. (CoinDesk)

Finance

Coinbase, Other Big Exchanges 'Between Rock and a Hard Place' on Delisting XRP

The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.

javier-allegue-barros-C7B-ExXpOIE-unsplash (1)

Policy

Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.

The White House

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Policy

FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi

FinCEN’s proposed rule regulating “unhosted” wallet transfers has a number of potential issues, including unintended consequences for decentralized finance.

U.S. Treasury Secretary Steven Mnuchin is said to be spearheading a controversial FinCEN rule that would require exchanges to collect and report names and addresses for customers transferring funds to "unhosted" wallets.

Policy

SEC Gives Broker-Dealers Room to Handle Crypto Securities

The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.

SEC Chairman Jay Clayton