Latest from Nikhilesh De
Coinbase CEO Brian Armstrong says company opposed crypto bill to protect consumers
Armstrong told CNBC that his firm pulled support for a sweeping digital assets bill after finding provisions that could have harmed consumers and stifled competition.
Senate Democrats pursuing a Friday call with crypto industry on market structure bill
A call is being planned to discuss the state of the legislation that's now been postponed in the Senate Banking Committee, sources say.
DeFi community sees ‘bad’ crypto bill’s collapse as win, not setback
The latest push to establish a comprehensive U.S. crypto market structure framework hit a snag this week, but leaders in DeFi don’t seem alarmed by the collapse.
House Democrats slam SEC for dropping crypto cases with Trump ties
In a letter on Thursday, lawmakers accused the SEC of enabling a "pay-to-play" dynamic after dropping cases against Binance, Coinbase, Kraken and Justin Sun.
The big crypto bill isn't dead, may return next month as Wall Street fight still looms
The digital assets crowd has been complaining bitterly about bank-lobbyist tactics, but Senate lawmakers have a much longer relationship with their bankers.
Ripple injects $150 million into LMAX to push RLUSD stablecoin for institutions
The deal will see LMAX embed Ripple's $1.4 billion U.S. dollar stablecoin into the exchange's infrastructure.
Bank of America CEO says stablecoins could drain trillions in bank deposits
BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”
Crypto bill delay 'may ultimately be constructive' for final product, Benchmark says
Delayed markups could give Congress time to resolve issues that may determine how, and whether, institutions fully enter U.S. crypto markets, broker Benchmark said.
Senate Banking Committee cancels crypto market structure markup
The committee's Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.
New Polymarket bettor places $40,000 on U.S. striking Iran tonight
One trader went against the current trend of low chances for a strike tonight by placing the new $40,000 bet.
