Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. When he's not reporting on digital assets and policy, he can be found admiring Amtrak or building LEGO trains. He owns < $50 in BTC and < $20 in ETH. He was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Policy

Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges

Crypto bank warned this week about its ability to remain in business.

Silvergate CEO Alan Lane (Silvergate)

Policy

Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says

The official spoke during a Voyager Digital bankruptcy hearing.

Binance.US at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Policy

Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ

Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.

(Nikhilesh De/CoinDesk)

Policy

U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions

The bill also requires the EPA to study the effect crypto mining has on the environment.

Sen. Edward Markey (D-Mass.) is cosponsoring a bill to mandate that crypto miners disclose their greenhouse gas emissions. (Jemal Countess/Getty Images for We The 45 Million)

Markets

Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate

Bitcoin plunged to $22,277 and ether hit $1,563 as crypto tumbled during the opening hours of East Asia's trading day.

Hong Kong (Unsplash)

Finance

Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank

Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy and Gemini said they will suspend business with the bank.

Casa central de Silvergate Bank. (CoinDesk)

Policy

SEC Chair Gensler Says Crypto Exchanges May Not Be 'Qualified Custodians'

"Just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is," the SEC chair said.

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

Policy

Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases

The projects will take part in the country’s central bank digital currency pilot, expected to wrap later this year.

Reserve Bank of Australia (Brook Mitchell/Getty Images)

Finance

Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source

Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.

Ron Totaro, CEO de Protego Trust Bank. (Protego Bank)