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


Policy

TORN Spikes 5% After U.S. Appeals Court Okays End of Another Tornado Cash Lawsuit

The Eleventh Circuit Court of Appeals ruled on July 3 that Coin Center could dismiss its lawsuit against the Treasury Department.

Tornado Cash's Roman Storm, second from left, and his legal team – Brian Klein (left), Keri Axel and Kevin Casey – outside court in New York. (Nikhilesh De/CoinDesk)

Policy

SEC Sets July Deadline for Solana ETF Refilings, Clearing Path for Pre-October Approval

The first final deadline for a spot Solana exchange-traded fund is October 10, but the Securities and Exchange Commission is under pressure to keep the approval process moving smoothly, sources say.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

News Analysis

SEC's Pause of Grayscale Fund Is Likely Temporary

The Commission’s pause on Grayscale’s Digital Large Cap Fund ETF is likely tied to listing standards, not politics, sources say.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Policy

Crypto Tax Proposal That Didn't Make It to Trump's Budget Bill Pushed on Its Own

Senator Cynthia Lummis has introduced a standalone bill to pursue the same objectives to ease up on several tax concerns involving digital assets activity.

Senator Cynthia Lummis, a Wyoming Republican (Jesse Hamilton/CoinDesk)

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News Analysis

Why Doesn't the U.S. Have a Bitcoin Reserve, Yet?

The latest comments from government officials at the center of that effort suggest U.S. bitcoin advocates may still have a wait ahead of them.

Bo Hines, Executive Director of the President's Council of Advisers on Digital Assets of the White House

Finance

Swiss Bank AMINA Introduces Custody, Trading With Ripple’s RLUSD Stablecoin

The crypto-friendly financial services firm claims to be the first global bank to support Ripple's stablecoin.

View of Zug, Switzerland, from the lake, with mountains in background. (Louis Droege/Unsplash)

Markets

OpenAI Warns That Tokenized Equity Sale on Robinhood Is Unauthorized

"Any transfer of OpenAI equity requires our approval — we did not approve any transfer,” the company said in a statement.

OpenAI's Sam Altman, who has proposed Universal Basic Compute as a fix for automation-driven global equality. (Village Global/Flickr)

Policy

NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether

Celsius has accused Tether of improperly liquidating nearly 40,000 bitcoins in order to cover an outstanding loan while it was on the precipice of bankruptcy in 2022.

Paolo Ardoino (Tether)

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Policy

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.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Policy

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.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)