Latest from Nikhilesh De
SEC Halts Grayscale Large Cap Fund Conversion for 'Review' a Day After Staff Approval
The SEC's commissioners are reviewing Grayscale's uplisting of a large cap fund, a letter from the agency said.
Ripple Applies for Federal Bank Trust Charter, XRP Jumps 3%
The application follows stablecoin issuer Circle's similar effort to expand crypto services and move into federal regulatory oversight.
DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says
In an interview with CoinDesk, Former Acting U.S. Attorney Phil Selden says the DOJ’s record-setting $225 million crypto seizure reflects a new approach to protecting fraud victims.
EU Central Bank Commits to Distributed Ledger Technology Settlement Work
"The decision is in line with the Eurosystem’s commitment to supporting innovation without compromising on safety and efficiency in financial market infrastructures," a release said.
SEC Approves Grayscale ETF That Includes BTC, ETH, SOL, XRP, ADA
The product will become the largest multi-token digital asset ETF in the world.
GENIUS Act Lacks ‘Necessary Guardrails’ For Investor Protection, NYAG Letitia James Tells Congress
James suggested Congress require stablecoin issuers to use “digital identity technology” in all stablecoin purchases and transactions in order to protect national security.
Congress' Budget Bill Advances From Senate Without Crypto Tax Provision
Hopes rose then quickly fell on a potential effort to slip a crypto tax provision into the legislation meant to activate Trump's core policy agenda.
Securitize, RedStone Pilot ‘Trusted Single Source Oracle’ to Secure Tokenized Fund NAVs
The teams have released a whitepaper that introduces a new model for securely verifying Net Asset Value (NAV) data on-chain for tokenized private funds.
Asia Morning Briefing: Are Distributed Compute Tokens Undervalued Vs CoreWeave?
Unlike GameFi’s inflated hype, Distributed Compute Tokens offer real utility serving AI, storage and GPU markets but remain modestly valued despite rising global demand.
Senator Seeks to Waive U.S. Taxes on Small-Scale Crypto Activity in Big Budget Bill
The effort from Senator Cynthia Lummis is one of several crypto tax provisions in an amendment aimed at reducing tax burdens in core areas of the industry.
