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. House Hearing Marks Progress Toward Crypto Market-Structure Bill

Panel Democrats were stymied by witnesses declining to talk about potential conflicts of interest from President Donald Trump's crypto businesses.

Rep. Bryan Steil, chairman of the digital assets subcommittee (Jesse Hamilton/CoinDesk)

Markets

DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil

The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated.

(Christian Dubovan/Unsplash, modified by CoinDesk)

Policy

DOJ Axes Crypto Unit as Trump’s Regulatory Pullback Continues

“The Department of Justice is not a digital assets regulator,” U.S. Deputy Attorney General Todd Blanche said in the Monday night memo.

U.S. Deputy Attorney General Todd Blanche (Photo by Michael M. Santiago/Getty Images)

Tech

Inside North Korea's Favorite Crypto Laundering Tool: THORChain

Researchers say North Korea used THORChain to launder $1.2 billion following the biggest-ever crypto heist.

THORSwap is a cross-chain decentralized exchange built on THORChain. (Manuel Salinas/Unsplash)

Policy

Why OFAC Delisted Tornado Cash

The Treasury Department may not have had any choice but to remove its designation of the crypto mixer.

CoinDesk

Policy

U.S. SEC Staff Clarifies That Some Crypto Stablecoins Aren't Securities

In its latest what's-not-a-security statement on digital assets, the Securities and Exchange Commission has added dollar-based stablecoins, but may snub Tether.

SEC Commissioner Hester Peirce (Jesse Hamilton/CoinDesk)

Finance

Crypto-Friendly Prime Broker Hidden Road in Active Takeover Talks: Sources

The company is being advised by FT Partners, the sources said.

Money in hand (Unsplash)

Policy

Illinois to Drop Staking Lawsuit Against Coinbase

Three other states — Kentucky, Vermont and South Carolina — have already dropped their suits.

Paul Grewal, Chief Legal Officer, Coinbase (Shutterstock/CoinDesk)

Policy

U.S. SEC Nominee Atkins Gets Confirmation Nod From Senate Banking Committee

The panel voted to advance the confirmations of Paul Atkins to run the SEC and Jonathan Gould to lead the OCC, both of which would have a big say in crypto.

Paul Atkins has been confirmed by the Senate to take over the Securities and Exchange Commission as chairman. (Senate Banking Committee)

Policy

U.S. House Committee Advances Stablecoin Bill, While Dems Warn of Trump Conflicts

Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.

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