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


Markets

Bitcoin drops toward $68,000 as demand weakens and whales sell

Glassnode data shows soft participation, while a negative gamma setup below $68,000 leaves BTC exposed to a faster move toward $60,000.

Bitcoin hero image

Policy

Appeals court blocks New Jersey from shutting down Kalshi's sports markets

The Third Circuit Court of Appeals ruled that New Jersey could not bring an enforcement action against Kalshi, finding that the federal Commodity Exchange Act preempted state gambling laws.

CFTC Chairman Michael Selig speaking at Vanderbilt University

Tech

Bitcoin's $1.3 trillion security race: Key initiatives aimed at quantum-proofing the world's largest blockchain

Developers are considering ways to quantum-proof the world's oldest cryptocurrency as the threat of this computing moves beyond a hypothetical.

Bitcoin quantum resistant. (Chris Ried/Unsplash)

Markets

Traders are the big winners as 24/7 stocks will finally end the after-hours price 'manipulation'

Round-the-clock markets promise freedom for investors and pressure for intermediaries who traditionally wielded immense power during off-hours

NYSE (Tobias Deml/Wikimedia Commons)

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Policy

Judge continues Nevada ban on Kalshi sports markets

A state judge ruled that Kalshi's prediction markets offering sports bets were "indistinguishable" from gambling, and extended a temporary ban in Nevada.

Kalshi co-founder and CEO Tarek Mansour (Jesse Hamilton/CoinDesk)

Finance

Schwab plans spot bitcoin, ether trading launch in first half of 2026

The financial services giant with almost $12 trillion in client assets is moving closer to direct crypto trading, offering subscription for early access to the Schwab Crypto account.

CoinDesk

Finance

Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC

Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Policy

Todd Blanche, author of DOJ crypto enforcement memo, is now interim AG

U.S. President Donald Trump named Todd Blanche, his former personal attorney and deputy attorney general, as the interim top prosecutor.

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Policy

Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week

Crypto and banking industry representatives are viewing revised stablecoin yield compromise language this week.

Sen. Angela Alsobrooks (Nikhilesh De/CoinDesk)

Policy

CFTC sues Illinois, Arizona, Connecticut over states' sports prediction market efforts

The CFTC argued in a lawsuit that the Commodity Exchange Act gave it "exclusive jurisdiction" over all swaps, which include prediction markets.

CFTC Chairman Mike Selig (Nikhilesh De/CoinDesk)