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

Policy at Consensus Miami: State of Crypto

This was a hectic week.

(CoinDesk)

Finance

Agentic commerce will run on crypto rails, PayPal and Google reps tell Consensus Miami

Senior figures from PayPal and Google Cloud said open payment protocols, machine-readable merchant catalogs and multi-party crypto custody are needed to scale agentic commerce.

May Zabaneh, Richard Widmann and Jenn Sanasie (CoinDesk)

Finance

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)

Policy

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden's Adam Mastrelli said he was banned from two major sportsbooks within two months for being “sharp."

Shayon Sengupta, Adam Mastrelli and Jacob Fortinsky (CoinDesk)

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Finance

It might be too late for bitcoin’s quantum migration, Project Eleven report argues

Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.

(David Clode/Unsplash)

Policy

Crypto industry cheers Senate Clarity Act markup date as market structure push resumes

The bill's progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.

Kristin Smith (left), Rebecca Rettig and Summer Mersinger (CoinDesk)

Finance

Emerging-market users are treating crypto exchanges like banking apps, Binance says

One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash)

Finance

Swiss central bank bitcoin reserve push fails over signature shortfall

The initiative sought to amend Switzerland's constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.

Swiss flags in Zurich (Claudio Schwarz/Unsplash)

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Finance

Crypto wallets are being rebuilt for AI agents, Trust Wallet and Mesh executives say at Consensus Miami

Trust Wallet CEO Felix Fan and Mesh CTO Arjun Mukherjee said AI agents are creating a new role for crypto wallets.

Arjun Mukherjee, Felix Fan, Lia Müller Peña (CoinDesk)

Policy

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.

court, gavel