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

BONK Falls 5% to $0.00001223 After Rejection at Key Resistance

BONK slipped 5% to $0.00001223 after failing to break resistance near $0.0000130, with trading volume spiking nearly 50% above average during the pullback.

BONK-USD, Nov. 12 (CoinDesk)

Finance

Sui Launches Native Stablecoin USDsui Using Bridge’s Open Issuance Platform

The new U.S.-compliant USDsui aims to link the blockchain’s $200bn monthly stablecoin volume to Bridge’s interoperable platform.

Sui blockchain image

Markets

Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains

The token briefly rallied to $2.1165 on increased volume before heavy selling erased gains, pulling TON back to key support levels around $2.02.

TON Surges to $2.11 Amid Institutional Backing and Technical Breakout

Policy

New Strike Force Set to Target Overseas 'Pig Butchering' as U.S. Hits Burma Operation

U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money via crypto transactions.

The U.S. Treasury Department's financial crimes arm reported on the use of bitcoin in human trafficking and other global crimes. (Jesse Hamilton/CoinDesk)

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Policy

Trump Nominee Mike Selig Set for CFTC Confirmation Hearing as Crypto Bill Advances

Trump’s CFTC pick will face senators just as crypto legislation starts moving through Congress again.

Mike Selig (Nikhilesh De/CoinDesk)

Policy

U.S. SEC Chief Atkins Says Clarity Coming on Crypto Tied to Investment Contracts

In the realm of the so-called Howey Test to define investment contracts under SEC jurisdiction, Atkins says there should be a clearer path for crypto involvement.

U.S. Securities and Exchange Commission Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

China Accuses U.S. of Stealing 127K BTC in High-Profile Crypto Hack

CVERC claims the hack was conducted by a "state-level hacking organization" and suggests the U.S. seizure was part of a larger operation involving the same attackers.

Glasses in front of monitors with code (Kevin Ku/Unsplash/Modified by CoinDesk)

Finance

BNY Sees Stablecoins, Tokenized Cash Hitting $3.6T by 2030 Amid Institutional Adoption

Blockchains won't replace the traditional rails but will be integrated and work in tandem, the bank said in the report.

BNY office (BNY)

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Policy

U.S. Clears Way for Crypto ETPs to Get Into Yield Without Triggering Tax Problems

The Internal Revenue Service issued new guidance that Treasury Secretary Scott Bessent said offers a "clear path" to stake digital assets for trusts.

IRS (Jesse Hamilton/CoinDesk)

Policy

Senate Ag Releases Long-Awaited Version of Crypto Market Structure Legislation

The bill brings Congress a step closer to firmly defining how the CFTC and SEC can oversee crypto.

(Darren Halstead/Unsplash)