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

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News Analysis

Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence

Boosters often say crypto voters can swing elections, but Democrats are seeking mileage out of tying crypto to Trump, corruption and attempts to buy seats in Congress.

Senator Mark Warner political advertisement (Mark Warner for Virginia)

Policy

OCC's final rule to start fresh in weighing stablecoin rewards against GENIUS Act ban

The U.S. Office of the Comptroller of the Currency is the first of several federal agencies to finish writing regulations under the act.

Comptroller of the Currency Jonathan Gould (Nikhilesh De/CoinDesk)

Policy

Tether: Senator's investigation misses positive work that's led to lower Iran volumes

The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.

Tether CEO Paolo Ardoino on stage at Cantor Fitzgerald's event in New York (Helene Braun/CoinDesk)

Finance

Deutsche Bank targets Asia crypto custody expansion in 2027 as German launch nears

The service will initially support bitcoin, ether and the stablecoins USDC, EURC and EURAU, with the bank managing clients’ wallets and private keys.

Deutsche Bank logo (Mikhail Mamaev/Unsplash)

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Finance

SEC tokenized stock framework faces issuer pushback as Broadcom, Verizon object to OKX-ICE listing

Eight more companies objected to trading on the planned OKX-ICE venue, while Nasdaq has separately said it would opt out under the SEC’s framework.

Wall Street street signs (Chenyu Guan/Unsplash)

Policy

The White House's crypto chief departs: State of Crypto

Patrick Witt announced his departure from the White House last week.

U.S. Capitol, the seat of Congress in Washington (Jesse Hamilton/CoinDesk)

Markets

Wall Street freaked out Friday, but VIX and bitcoin trades say the fear may fade Monday.

Wall Street's fear gauge, the VIX index, spiked on Friday as stocks dropped. History says Friday panics usually fade on Monday. Seasonality and calm bitcoin markets suggest the same.

Friday VIX scares usually subside on Monday. (TradingView/CoinDesk)

Policy

Latvia eyes crypto tax payments in 2027 as parliament overhauls crypto taxation

Parliament passed a law taxing crypto withdrawals above deposits rather than individual trades, featuring a one-time declaration mechanism.

Doing taxes (Jakub Żerdzicki/Unsplash)

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Finance

Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash

Analytics firm Allium said stablecoin payments hit $482 billion this year so far, up 45%, as card spending surges and global payment firms add crypto rails.

Mastercard (Shutterstock)

Finance

Circle defends USDC economics as stablecoin rivals court its partners with bigger cut

Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.

Circle logo on a shop front (Nikhilesh De/CoinDesk)