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Latest from Nikhilesh De
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.

U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
The three were engaged in crypto activities themselves, and the U.S. Treasury Department says they were tied to the networks of DPRK entities laundering stolen crypto or moving illicit funds for that country.

Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.

SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
Gary Gensler testified before the House Financial Services Committee for roughly five hours on Tuesday.

What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
Gensler is set to testify in an oversight hearing Tuesday.
