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


Policy

U.S. SEC Takes Preliminary Step to Expand Universe of Crypto Custody to State Trusts

Another no-action letter from the agency staff signals the SEC's view that state-chartered trusts are fine for handling digital asset custody.

U.S. SEC headquarter in Washington (Jesse Hamilton/CoinDesk)

News Analysis

SEC's Bow to DoubleZero Carries Major Weight for Decentralized Infrastructure: Peirce

The U.S. regulator's decision to give the project's token distributions a pass represents the right get-out-of-the-way approach, Commissioner Hester Peirce said.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Steady, but Bitfinex Warns of Downside Risks as U.S. Government Shutdown Looms

Most altcoins including ETH, SOL, AVAX, UNI posted declines Tuesday but bitcoin was flat after a late rally.

CoinDesk

Markets

Coinbase’s Bitcoin-Backed Loans Surpass $1B as Exchange Prepares to Lift Borrowing Cap

The crypto exchange said it plans to raise its borrowing cap from $1 million to $5 million.

Coinbase logo shown on a laptop screen

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Finance

CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools

The deal brings together CoinRoutes’ execution technology with QIS Risk’s portfolio and risk management tools.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Policy

Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam

Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K

A magnifying glass shows a fingerprint displayed on a background of ones and zeroes (Shutterstock modified by CoinDesk).

Finance

Stripe Unveils Stablecoin Issuance Tool With Phantom’s CASH, Expands Into AI Commerce with OpenAI

With Open Issuance and AI payment standards, Stripe is doubling down on its bet on the rising role of blockchain and digital agents in payments.

U.S. dollar (Unsplash, modified by CoinDesk)

Finance

Keel Debuts as Sky's Solana-Focused 'Star' With a $2.5B Roadmap to Boost RWAs and DeFi

The new protocol will channel USDS stablecoin reserves into Solana-based lending markets and real-world asset strategies.

Solana Logo

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Policy

NYDFS Chief Harris to Leave New York Regulator Next Month

Adrienne Harris, who took office in 2021, will leave the New York Department of Financial Services on Oct. 17.

CoinDesk

Policy

Crypto Is 'Job One' as U.S. SEC, CFTC Move Into Harmony on Policies: Chairman Atkins

Both agencies are moving forward "in lockstep" on similar efforts to open the policy gates to crypto businesses, which Atkins told reporters is the "top priority."

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