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

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US Lawmakers Push Back on Facebook’s Novi Wallet Launch

A group of Democrat senators is taking umbrage with a pilot launch involving Novi and Paxos’ USDP stablecoin.

Sen. Brian Schatz (D-Hawaii) is taking Facebook to task for its Novi pilot. (Sarah Silbiger/Bloomberg via Getty Images)

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What to Make of the First Bitcoin Futures ETF Launch

We got the bitcoin futures ETF. Is this the real thing?

Gary Gensler looms large. (Melissa Lyttle/Bloomberg via Getty Images)

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Invesco Drops Efforts to Launch Bitcoin Futures ETF

A competing product by ProShares will start trading on Tuesday.

(Michael Nagle/Bloomberg via Getty Images)

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Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

FinCEN identified over $5 billion in transactions tied to ransomware payments based on $590 million detailed in Suspicious Activity Reports.

U.S. Treasury Department seal (Bill Perry/Shutterstock, modified by CoinDesk)

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What Is a Bitcoin ETF?

The SEC is expected to decide on Jan. 10, 2024, whether to approve bitcoin ETFs from the likes of BlackRock, Fidelity and others, which would give investors exposure to the biggest cryptocurrency without having to actually buy it.

(Shutterstock)

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SEC Approves Bitcoin Futures ETF, Opening Crypto to Wider Investor Base

ProShares is set to launch trading of its bitcoin futures ETF next week.

SEC Chair Gary Gensler (Melissa Lyttle/Bloomberg via Getty Images)

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CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.

Rostin Behnam, acting chairman of the Commodity Futures Trading Commission, from left, Jerome Powell, chairman of the U.S. Federal Reserve, and Jelena McWilliams, chairman of the Federal Deposit Insurance Corporation, walk to the West Wing of the White House in Washington, D.C., U.S., on Monday, June 21, 2021. President Biden is meeting with the nation's top financial regulators for an update on the state of the country's financial systems and institutions. Photographer: Stefani Reynolds/Bloomberg via Getty Images

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Coinbase Proposes US Create New Regulator to Oversee Crypto

The Digital Asset Policy Proposal suggests Congress pass legislation to define how digital assets are overseen.

Coinbase CEO Brian Armstrong

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Bitwise Files for Physically Backed Bitcoin ETF With NYSE Arca

“The market has matured,” Bitwise CIO Matt Hougan said on Twitter.

Matt Hougan

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Biden Wants to Know More About Crypto

The Biden administration’s approach to crypto continues to take shape, and it still doesn’t look like any sort of outright ban is on the table.

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