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

Small Texas Lender Monet Joining Field of Crypto-Focused Banks

The bank is owned by billionaire Andy Beal, a major supporter of U.S. President Donald Trump's 2016 campaign.

(Brock Wegner/Unsplash/Modified by CoinDesk)

Policy

Uniswap's Lindsay Fraser to Run Policy Shop at Blockchain Association

The incoming policy chief arrives as the crypto industry seeks to influence the market structure bill in Congress, including its heavy DeFi implications.

Lindsay Fraser, chief policy officer, Blockchain Association (CoinDesk)

Markets

Bitcoin’s Negative Correlation With Nasdaq Persists, and History Suggests a Bottom May Be Forming

Historical patterns show that bitcoin often bottoms when its correlation with the Nasdaq 100 breaks down, a dynamic now appearing for the fourth time in five years.

BTCUSD vs Nasdaq 100

Finance

Ex-Signature Bank Execs Launch Blockchain-Powered Narrow Bank Backed by Paradigm, Winklevoss

N3XT Bank, operating under a Wyoming charter, aims to provide programmable U.S. dollar payments around the clock without lending deposits.

100 dollar bill on table (Live Richer/Unsplash/Modified by CoinDesk)

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Policy

U.S. CFTC-Driven Spot Crypto Trading Going Live With Bitnomial, Opening Up New Arena

President Donald Trump's push toward friendly crypto policies produced a CFTC-led effort to encourage leveraged spot crypto trading, starting with Bitnomial.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

Tech

Solana’s Drift Launches v3, With 10x Faster Trades

With v3, the team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larger trades down to around 0.02%.

Drift (b52_Tresa/Pixabay)

Tech

Axelar Unveils AgentFlux to Bring AI Agents OnChain, Without Cloud Risks

Developed by Interop Labs, AgentFlux lets financial firms deploy “agentic” automation without sending sensitive information to external infrastructure.

Axelar co-founder Sergey Gorbunov (Interop Labs)

Finance

Plume Brings Institutional RWA Yield to Solana With Debut of Nest Vaults

Plume is bringing real-world yield to Solana with the rollout of its Nest vaults, giving the network’s users direct access to on-chain credit, Treasuries and receivables.

Plume co-founders Teddy Pornprinya and Chris Yin (Plume, modified by CoinDesk)

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Policy

Connecticut Orders Kalshi, Robinhood, Crypto.com to Cease Sports Betting

The state issued cease-and-desist orders to the firms to stop conducting "unlicensed online gambling" via their sports events contracts.

Crypto.com (Jesse Hamilton/Coindesk)

Tech

Nvidia CEO Jensen Huang Tells Joe Rogan AI Race Is Real, but It Won’t Have a Clear Winner

In a wide-ranging interview, Huang claims AI growth is gradual, powerful and already changing global power dynamics.

Nvidia CEO Jensen Huang (Nvidia)