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


Markets

Binance US Says It Will Delist XRP on Jan. 13

Binance becomes latest crypto exchange to delist Ripple's XRP.

Binance BSC, Binance app

Markets

Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple

Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs.

Brad Garlinghouse, Ripple CEO, speaks at Davos 2020. (CoinDesk)

Finance

Coinbase, Other Big Exchanges 'Between Rock and a Hard Place' on Delisting XRP

The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.

javier-allegue-barros-C7B-ExXpOIE-unsplash (1)

Policy

Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.

The White House

Policy

FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi

FinCEN’s proposed rule regulating “unhosted” wallet transfers has a number of potential issues, including unintended consequences for decentralized finance.

U.S. Treasury Secretary Steven Mnuchin is said to be spearheading a controversial FinCEN rule that would require exchanges to collect and report names and addresses for customers transferring funds to "unhosted" wallets.

Policy

SEC Gives Broker-Dealers Room to Handle Crypto Securities

The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.

SEC Chairman Jay Clayton

Policy

SEC Sues Ripple Over 7-Year, $1.3B 'Ongoing' XRP Sale

As expected, the SEC has filed suit against Ripple, saying it violated federal securities laws in selling $1.3 billion in XRP over the past seven years.

Brad Garlinghouse Ripple

Markets

An SEC Victory in Ripple Case Would Render XRP 'Untradeable,' Market Pros Say

Already, CrossTower, a small exchange that opened in June, has delisted the cryptocurrency.

Is this the future of the market for XRP?

Policy

Ripple CEO Warns SEC May Sue Company Over XRP Sales

"It’s an attack on the entire crypto industry and American innovation," Brad Garlinghouse said in a statement.

Ripple CEO Brad Garlinghouse

Policy

US Floats Long-Dreaded Plan to Make Crypto Exchanges Identify Personal Wallets

FinCEN has proposed requiring exchanges to collect and report KYC information on unhosted wallets for transactions up to $10,000.

Treasury Secretary
Steven T. Mnuchin