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

Why Gold Is Winning Over Bitcoin in 2025: Liquidity, Trade, and Trust

Despite ETF hype, central banks and asset allocators continue to choose gold over crypto for reserve and trade purposes.

Stacked gold bars (Scottsdale Mint/Unsplash/Modified by CoinDesk)

Policy

New UAE Sweeping Banking Decree Looks to Cement Country’s Global Crypto Position

UAE’s new financial law brings crypto and blockchain into traditional finance and under Central Bank’s supervision.

Photo by David Rodrigo on Unsplash

Policy

House Democrats Issue Report Detailing Trump Crypto Ties as 'New Age of Corruption'

Democratic staff on the House Judiciary Committee gathered data on President Donald Trump's crypto businesses that reportedly gained his family massive wealth.

U.S. Congress (Jesse Hamilton/CoinDesk)

Markets

A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%

The stablecoin infrastructure hopeful is trading nearly 90% below its early peak, with thin usage, supply pressure and sparse communication fueling uncertainty about whether the sell-off has truly run its course.

Plasma ball (Kellen Barnes/Unsplash)

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Policy

Texas Buys $5M in BTC ETF as States Edge Toward First Government Crypto Reserves

The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S.

Texas flag (Anita Austvika/Unsplash)

Policy

U.S. Crypto Regulator, CFTC, Seeking Names for New 'CEO Innovation Council'

Acting Chairman Caroline Pham said the group will help usher in a new era of market structure, including a focus on digital assets.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

Finance

U.S Bank Tests Custom Stablecoin Issuance on Stellar Network

The nation's fifth-largest commercial bank explores how a bank can issue stablecoins on a public blockchain.

Stellar (CoinDesk)

Finance

Oct. 7 Hamas Attack Victims Sue Binance for Damages

Binance allegedly facilitated the transfer of over $1 billion to sanctioned entities including Hamas and Iran's Revolutionary Guard Corps, a lawsuit said.

Chanpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)

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Finance

Polymarket Secures CFTC Approval for Regulated U.S. Return

Polymarket’s amended CFTC designation paves the way for the prediction-market platform to formally reopen in the U.S. with a fully regulated exchange structure.

Polymarket CEO Shayne Coplan (Polymarket)

News Analysis

U.S. Hours Account for Nearly All of Bitcoin’s November Losses

BTC drifts or stabilizes during Asia trading hours, softens slightly during the European handover and then absorbs most of its losses once U.S. equity markets open.

Eggs with hand-drawn anxious faces symbolizing market fears