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


Finance

Tether Eyes Fresh Investments to Push USAT Stablecoin to 100M Americans at December Launch

Tether plans to launch its U.S.-compliant stablecoin USAT in December, aiming for mass reach in the creator economy, CEO Paolo Ardoino said in a CoinDesk interview.

Tether CEO Paolo Ardoino at White House

Markets

Polymarket Will Launch Token and Airdrop After U.S. Relaunch, CMO Says

"There will be a token, there will be an airdrop," CMO said as the platform nears an official U.S. return via a regulated exchange.

Polymarket founder and CEO Shayne Coplan (Michael M. Santiago/Getty Images)

Finance

Swiss Bank Sygnum to Launch Bitcoin-Backed Loan Platform With Multi-Sig Wallet Control

The offering, developed with non-custodial BTC lending startup Debifi, targets institutions and high-net worth borrowers who don't want to give up control of their assets.

Swiss flag in alpine landscape, symbolizing Sygnum’s Swiss roots (Janosch Diggelmann/Unsplash)

Markets

Institutions Drive CME Crypto Options to $9B as ETH, SOL, XRP Set Records

Open interest across CME’s regulated markets jumped 27% since Oct. 10, signaling growing conviction among large traders.

(Cheng Xin/Getty Images)

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Policy

Binance's CZ Wins Pardon From U.S. President Donald Trump

U.S. President Donald Trump pardoned Binance founder Changpeng Zhao months after he said he'd asked for a pardon.

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

Finance

Fireblocks Acquires Dynamic to Expand On-Chain Developer Stack

The deal unites Fireblocks’ institutional custody infrastructure with Dynamic’s consumer wallet and onboarding tech to create an end-to-end onchain platform, it said.

Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat. (Fireblocks)

Markets

Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4

With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.

Racks of mining machines.

Finance

Plasma Obtains VASP License, Opens Amsterdam Office to Expand Stablecoin Payments in EU

The firm behind the fast-growing stablecoin blockchain also plans to obtain MiCA and EMI licenses as part of its expansion in Europe.

Plasma (Ramon Salinero/Unsplash/Modified by CoinDesk)

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Markets

Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps

The institutional liquidity provider’s new platform says it will let users exchange stablecoins like USDT and USDC across multiple blockchains without fees.

DeFi networks are global. (NASA/Unsplash, modified by CoinDesk)

Finance

Crypto Exchange Kraken Is Taking Staff on Caribbean Island Retreat in January: Sources

Kraken has also handed all its employees a special one-off bonus, according to the sources.

The Caribbean island of Dominica is issuing a new digital token that will be airdropped to users of the Huobi exchange.