Latest from Nikhilesh De
Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC
The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
Libra Payments Can Boost Facebook's Ads Business, Zuckerberg Says
Libra can make it easier for Facebook's users to buy goods advertised on its platform, which would incentivize businesses to buy more ads, CEO Mark Zuckerberg said Wednesday.
Crypto Custodian BitGo Joins Race to Provide Prime Brokerage Services
BitGo is entering the prime brokerage space following the launch of its lending business, announcing a new entity to serve institutional traders.
Kin Foundation Publishes First Transparency Report Amid SEC Court Fight
The Kin Foundation is offering a peek under the hood of its operations with a new transparency report published with Messari.
A Former Coinbase Lawyer Is About to Become Acting Head of US Bank Regulator
Brian Brooks, a former Coinbase lawyer and the No. 2 at a U.S. banking regulator, may soon take the top job – at least, temporarily.
Bakkt Announces New Insurance Coverage, Claims More Than 70 Custody Clients
Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage.
CoinDesk 50: Bakkt – Financializing Bitcoin
Bakkt's eagerly awaited debut offers new ways for institutions to get exposure to bitcoin. And it's just getting started.
Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations
The Proof of Stake Alliance has released a set of recommendations for entities securing a proof-of-stake network to avoid drawing the ire of regulators.
IRS Solicits Contractors to Help Examine Crypto Traders' Tax Returns
The IRS is emailing crypto startups with an offer to "assist our Revenue Agents in calculating taxpayers' gains or losses as a result of their transactions involving virtual currency."
17,000 People Have Filed Claims for Refunds From QuadrigaCX, Auditor EY Says
Close to 17,000 have made a claim for defunct crypto exchange QuadrigaCX's assets, its bankruptcy monitor reported Tuesday.
