
Latest from Nikhilesh De
Senators pitch more than 75 amendments for crypto bill, including on yield, DeFi sections
A list of amendments — some of them far afield — is circulating for the planned markup hearing of the crypto market structure bill.

Senate Agriculture Committee reschedules its own crypto bill hearing to Jan. 27
The Senate Agriculture Committee said Tuesday its postponed crypto market structure bill would drop on Jan. 21 and be debated six days later.

Strive tumbles 12% as reverse stock split stumps investors despite Semler acquisition
Upon completion, the combined firm would hold nearly 13,000 BTC, surpassing the holdings of Tesla and Trump Media & Technology Group.

Senate's Warren: WLFI-tied bank application should be halted until Trump divests
Government-ethics questions still hang over the U.S. Senate's plans to vote on the crypto market structure bill, and Warren is raising a related argument.

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.
