
Latest from Nikhilesh De
Market infrastructure firms warn tokenized securities face higher costs, split liquidity without interoperability
The DTCC, Euroclear and Clearstream argue that the principle of “same asset, same rights, same outcome” must apply across both distributed ledger technology networks and traditional finance systems.

Trump urges passage of U.S. Clarity Act, attacks banks for 'undercutting' GENIUS
U.S. President Donald Trump said in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill he signed into law last year.

JP Morgan CEO Jamie Dimon says stablecoin issuers paying interest should be regulated as banks
Dimon argued stablecoin issuers paying interest should meet bank standards as talks continue in Washington about the CLARITY Act.

International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering
In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose growing risks through peer-to-peer transfers.

CFTC chief Selig to clear path for U.S. perpetual futures in coming weeks
The Commodity Futures Trading Commission chairman, appearing beside his Securities and Exchange Commission counterpart, said several crypto policies are coming.

U.S. Senate housing bill includes CBDC ban
The Senate Banking Committee's bipartisan "ROAD to Housing Act" includes a provision banning the Fed from issuing a CBDC before 2031.

PayPay, 40% owner of Binance Japan, seeks up to $1.1 billion in Nasdaq IPO
The Nasdaq-bound payments firm backed by SoftBank targets a valuation above $10 billion.

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.

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.

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.
