
Latest from Nikhilesh De
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.

Circle Applies for National Trust Bank Charter
A federal trust charter would bring Circle under direct federal bank regulator oversight, aligning it with how traditional financial institutions are overseen.

First Solana ETF to Hit the Market This Week; SOL Price Jumps 5%
A spokesperson for Osprey confirmed that the fund would begin trading on Wednesday.

Supreme Court Declines to Take Up Coinbase User Data Privacy Case
A lower court’s decision to side with the Internal Revenue Service (IRS) in the long-running case is legally binding.

Industry's PAC Keeps Seeking to Add Allies as Congress Hashes Out Crypto Legislation
Crypto political action committee Fairshake dropped another $1 million on a Virginia special-election candidate, likely heading toward another win.

'Like Ordering McDonald's:' Malta's MiCA Fast-Track Draws Oversight Concerns
Some people think Malta is nimble and innovative when it comes to regulation. But others see a fast track to regulatory arbitrage.
