Latest from Nikhilesh De
7K Comments and Counting: Crypto Industry Fights 'Arbitrary' Treasury Rule
The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement.
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.
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.
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.
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.
Binance US Says It Will Delist XRP on Jan. 13
Binance becomes latest crypto exchange to delist Ripple's XRP.
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.
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.
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.
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.
