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

Crypto Banks Are One Step Closer to Reality Under New Fed Guidance

The Federal Reserve’s guidance for approving master account access is a major milestone for crypto banks, but it still leaves much to be desired.

Federal Reserve Bank of Chicago (Joshua Woroniecki/Unsplash)

Policy

US Lawmaker Emmer Asks Treasury Department to Explain Tornado Cash Sanctions

Treasury's sanctions watchdog sanctioned Tornado Cash earlier this month on allegations it helped North Korea's Lazarus Group launder millions of stolen crypto funds.

Congressman Tom Emmer (house.gov)

Policy

Voyager Customers Say No to 'Retention' Bonuses for Employees of Bankrupt Crypto Lender

Voyager wanted $1.9 million to pay bonuses to 38 employees it called "essential" to its continued operation.

Voyager CEO Steve Ehrlich at Consensus 2019. (CoinDesk)

Policy

Canadian Bank Regulator Details Crypto Liquidity, Backing Rules

Canada joins U.S. and European authorities in explaining how its supervised entities can engage with crypto.

(Jason Hafso/Unsplash)

Policy

FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims

The five companies "made false representations" suggesting crypto products might be FDIC-insured.

FTX US President Brett Harrison (Danny Nelson/CoinDesk)

Policy

Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says

Some of the highest-profile and controversial bankruptcies in history, including Enron's and Lehman Brothers', have included the appointment of an independent examiner.

Celsius founder and CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

Policy

US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says

Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.

U.S. Sen. Pat Toomey (R-Pa.) (Anna Moneymaker/Getty Images)

Policy

US Fed Reminds Banks to Check for Legal Permissibility Before Offering Crypto-Related Services

The Federal Reserve's open letter directs banks to contact their supervisor at the central bank prior to engaging with crypto.

Edificio de la Reserva Federal de los Estados Unidos. (Anna Moneymaker/Getty Images)

Policy

IRS to Serve Summons to Crypto Dealer SFOX Looking for Possible Tax Evaders

A California court has authorized the agency to serve a "John Doe" summons.

The IRS' headquarters in Washington. (Zach Gibson/Getty Images)