
Latest from Nikhilesh De
DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure
The protocol will instead focus on "liquidity infrastructure and deals" such as its recent $1 billion investment into PayPal's PYUSD.

Trump's Pick to Run CFTC, Selig, Tells Senators Crypto a 'Critical Mission' at Agency
Mike Selig, the nominee to be the next chairman of the Commodity Futures Trading Commission, testified at his confirmation hearing in the Senate.

New Hampshire Awaits Bitcoin Bond Buyer to Get First State Effort Rolling
The New Hampshire Business Finance Authority took the opening steps toward shepherding a potential $100 million private-sector bitcoin bond.

Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote
The Senate Banking Committee voted along party lines to send FDIC Acting Chair Travis Hill's nomination to the wider Senate for a final vote on taking the permanent job.

Canada Approves Budget That Advances Policy for Stablecoins
The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.

Sen. Warren Keeps Pressure on Trump Crypto Ties as Market Structure Bill Negotiated
Senator Elizabeth Warren is maintaining political heat on President Trump's World Liberty Financial business interests in a letter to the Treasury and DOJ.

Judge Should Not Acquit Tornado Cash Dev Roman Storm, Prosecutors Argue
The DOJ filed its own post-trial motion last week, pushing back against Storm's motion for acquittal.

State of Crypto: What's In the New Crypto Market Structure Draft?
The Senate Agriculture Committee released a draft text for its version of market structure legislation.

U.S. DOJ Pursues North Korea's Illicit Money Machine, Seizes More Crypto
U.S. authorities secured several criminal convictions and gathered another $15 million in proceeds from North Korean crypto heists, the Justice Department said.

Nearly 25% of Adults With Internet Access in Asia Might Own Crypto, Report Says
Nearly a quarter of adults might own crypto, but ease of use and access remain limiting factors, the report, produced by CoinDesk and Protocol Theory said.
