Latest from Nikhilesh De
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.
Coinbase wins initial bank regulator nod for trust charter, boosting custody push
Coinbase’s conditional OCC approval moves it closer to operating as a federally regulated crypto custodian, pending compliance and final review.
SoFi announces 24/7 banking hub that blends traditional cash with crypto
The new service lets companies hold dollars, convert to stablecoins and move money instantly within a regulated bank.
Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
The Citadel-backed exchange is seeking approval to offer custody and asset services as institutional demand grows.
Solana DeFi platform Drift confirms 'active attack' as more than $200 million leaves platform
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.
Clarity Act ‘not a gatekeeper’ for crypto innovation, WisdomTree exec says
The asset manager says innovation can proceed under current SEC rules as the Clarity Act faces debate in Congress.
Chainalysis adds 'natural language' AI agents to its blockchain investigation platform
CEO Jonathan Levin says it marks a "really important moment" for making such analysis more accessible as the crypto industry grows with non-native entrants.
Prediction markets backlash builds possible stormcloud for 2027
Odds favor a Democratic rise in Congress next year, when lawmakers who've begun going after firms such as Kalshi and Polymarket may have greater sway.
Crypto investment firm Keyrock valued at $1.1 billion in Series C led by SC Ventures
The Brussels-based digital asset firm said the new capital will bolster its balance sheet and support expansion and acquisitions.
U.S. rule change may open trillions in 401(k) funds to crypto
The Labor Department on Monday proposed a rule following an executive order from President Donald Trump that directed regulators to expand access to digital assets in retirement portfolios.
