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Latest from Nikhilesh De
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
May 10 is the final day customers will be allowed to take out new loans through the program.

FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
There will be a hearing on May 25 to discuss the motion by the FTX estate.

Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges
Poloniex allegedly did not maintain proper know-your-customer practices between 2014 and 2019.

5 Consensus 2023 Takeaways
CoinDesk editorial team members convened to share their insights on the pivotal topics that will influence the future direction of the crypto industry.

Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says
The Federal Deposit Insurance Corp. said Signature’s exposure to crypto industry deposits was also a contributing factor.

SEC Is Alleging Legal Violations ‘On the Fly,' Coinbase Says
The SEC last month warned the crypto exchange it may pursue an enforcement action.

Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto
The bill was introduced Thursday by Senators Kirsten Gillibrand and Ted Budd, and Congressmen Zach Nunn and Jim Himes.

Coinbase Asks U.S. Court to Force SEC Response to 2022 Rulemaking Petition
The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.

House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Their latest draft legislation sets up shared federal and state oversight and says stablecoins aren’t securities, but it’s uncertain what bipartisan support the effort will find.
