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


News Analysis

Crypto world faces growing pressure to relent on stablecoin rewards to win bigger prize

As much as crypto negotiators paint bank lobbyists' campaign against stablecoin yield as unfair, it landed a blow that one dramatic move could end.

U.S. Congress (Jesse Hamilton/CoinDesk)

Policy

Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of Crypto

The OCC's proposal's stablecoin yield procedures are the most ambiguous in that rulemaking plan.

CoinDesk

Markets

Polymarket attracts record trading 'world' volumes as U.S.-Iran bets top $529 million

A prediction market about military strikes on a sovereign nation now sits alongside presidential election bets as one of the most-traded contracts the platform has ever hosted.

Polymarket baseball cap (Bradley Keoun)

Markets

Bitcoin nears $63,000 as U.S. and Israel launch strikes on Iran

The drop extends a pattern where bitcoin sells off on geopolitical shocks before recovering, as the token's 24/7 liquidity makes it one of the few large assets traders can exit over the weekend.

Ranked warplanes on the ground.

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Policy

U.S. Senate Democrats asked Treasury, DOJ to probe Binance's illicit finance controls

Nine lawmakers asked the federal agencies to investigate the global crypto exchange after reports of potential funding channeled to terrorist groups.

Senators Richard Blumenthal and Elizabeth Warren are among lawmakers pursuing probes into Binance. (Jesse Hamilton/CoinDesk)

Policy

U.S. regulator's GENIUS pitch casts dark cloud over crypto sector's stablecoin model

The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent limits on rewards that may affect Coinbase.

Jonathan Gould (Nikhilesh De/CoinDesk)

Tech

AI rout hits software stocks, but Grayscale says blockchains stand to benefit

As AI rattles tech stocks, Grayscale's head of research said blockchains will power intelligent agents’ transactions and help offset emerging risks.

Blockchain Technology

Tech

Vitalik Buterin unveils Ethereum roadmap to counter quantum computing threat

This move comes shortly after the Ethereum Foundation established a dedicated post-quantum research team to study the issue.

Vitalik Buterin (CoinDesk)

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Policy

OCC pitches stablecoin rules as U.S. Senate holds banking hearing in which crypto stars

Before the Senate Banking Committee gaveled its banking-oversight hearing to a start, crypto claimed much of the oxygen, including in an OCC policy push.

U.S. Comptroller of the Currency Jonathan Gould

Policy

MrBeast editor nabbed by prediction market firm Kalshi for alleged insider trading

The company said it punished the MrBeast employee and another user it said tried to get away with contracts relying on inside information.

An employee for YouTube star MrBeast was called out for insider trading at Kalshi. (Victoria Sirakova /Getty Images)