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

U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court

The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.

CFTC's Mike Selig - Consensus Miami 2026

Policy

Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill

Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to pass.

Democratic U.S. Senators Chris Van Hollen (left) and Chris Murphy (right) criticize the Clarity Act effort and the president's crypto dealings. (Jesse Hamilton/CoinDesk)

Finance

Prediction markets just crushed traditional sportsbooks in a massive $50 billion World Cup breakout

Prediction markets just topped $50 billion in monthly volume, capping off the first month of the 2026 FIFA World Cup.

(Fauzan Saari/Unsplash)

Policy

Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials

Discussion among Democrats have fixed on the president's personal gains when hashing out the crypto market structure bill's ethics provision.

Tom Emmer, Donald Trump (Jesse Hamilton/CoinDesk)

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Finance

Bolivia weighs adding Tether's USDT to its national payments system

Crypto usage has spiked in the country, with transaction volumes hitting $430 million in the year after the central bank removed restrictions in mid-2024.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Policy

Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity

The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.

U.S. Securities and Exchange Commission (Shutterstock)

Policy

Signs of life?: State of Crypto

Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Web3

Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera

Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

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Policy

U.S. government digital dollar set to be banned tonight under housing law's CBDC limit

Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it.

U.S. President Donald Trump (Jesse Hamilton/CoinDesk)

Policy

New Hampshire snuffs out trailblazing state-government bitcoin bond effort

At its last stage for government approval, the state's executive council rejected the bond project 3-2.

New Hampshire State House (Nils Huenerfuerst/Unsplash)