Latest from Nikhilesh De
How a battle with bankers tarnished crypto's market structure bill near the finish line
The crypto industry contends that Wall Street giants stood behind community banks to undercut digital competitors before they could get a major legislative win.
JPMorgan CFO calls stablecoin yield payout 'obviously dangerous and undesirable'
JPMorgan's Jeremy Barnum said the bank would compete with crypto offerings but warned that stablecoin yield products look like banks without the same regulation.
Franklin Templeton turns money market fund into stablecoin reserve vehicle
The LUIXX fund has been modified to hold short-term US Treasuries and meet stablecoin reserve standards. The DIGXX fund now offers an onchain share class.
Polygon Labs pushes deeper into stablecoin payments with $250 million deal
The move comes as crypto projects increasingly position themselves as offering payment platforms that resemble traditional digital banks, but operate on blockchain rails.
Senate files again for major crypto bill with stablecoin-rewards compromise, DeFi protections
A new draft of the Senate's legislation shows the bill has a compromise on stablecoin rewards and some protections for decentralized finance.
Federal judge temporarily halts Tennessee's bid to shut down Kalshi sports contracts
A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws.
Charles Hoskinson slams Trump’s crypto policy as 'extractive,' warns of industry fallout
Cardano founder says Trump’s actions have politicized crypto and alienated half the country.
Bitcoin stalls below $92,000 as privacy coins rally; crypto miners surge on Meta AI news
Traders rotated to Monero (XMR), Zcash (ZEC) and Railgun (RAIL) as bitcoin, ether remain stuck under key resistance levels.
Senator Lummis offers DeFi protections bill as broader market structure draft nears
Senator Cynthia Lummis introduced a standalone bill to press a key point on how blockchain software developers are treated, though crypto market structure observers await the big show.
CFTC to tap Tyler Winklevoss, other crypto CEOs as first members of innovation panel
Mike Selig, chairman of the Commodity Futures Trading Commission, is settling in with the revamping of a new innovation panel with many crypto names.
