Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Markets

NYDFS Head Lacewell to Depart Agency by Month's End

Linda Lacewell announced a revamp of NYDFS's BitLicense last year.

NYDFS Superintendent Linda Lacewell

Markets

Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill

Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.

Rep. Anna Eshoo (D-Calif.)

Markets

Gensler Tells Elizabeth Warren SEC Needs More Authority to Regulate Crypto

Congress should focus on trading, lending and decentralized finance, the securities regulator said.

SEC Chairman Gary Gensler (left) told Sen. Elizabeth Warren (D-Mass.) that his agency needs more authority to properly regulate the crypto market.

Markets

BitMEX Announces $100M CFTC, FinCEN Settlement

BitMEX will pay a $100 million penalty to resolve the charges, the firm announced in a blog post.

Former BitMEX CEO Arthur Hayes

Markets

US Senate Sends Infrastructure Bill to House

The bill contains a broad definition of "broker" for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.

Senators Pat Toomey (R-Pa.) and Cynthia Lummis (R-Wyo.) introduced a last-chance amendment to clarify the crypto language in the infrastructure bill on Monday that was ultimately blocked by Senator Richard Shelby (R-Ala.).

Policy

State of Crypto: What Just Happened in the US Senate?

After all the drama of the past week, the industry is right where it was eight days ago.

The U.S. Capitol Building

Policy

Lone Senator Rejects Crypto Compromise in Infrastructure Bill

The compromise needed unanimous consent – meaning no objections – to pass.

The U.S. Senate is set to vote on its bipartisan infrastructure bill in the next day or so. It's unclear whether an attempted compromise will be adopted.

Policy

Senate Advances Infrastructure Bill Without Amending Crypto Provision

The Senate could still adopt an amendment to the crypto provision through unanimous consent, but it would require every senator to agree.

The Senate voted on its infrastructure bill on Sunday.

Policy

Senate's Infrastructure Bill: What to Expect on Saturday

A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision.

The Senate voted on its infrastructure bill on Sunday.

Markets

Sen. Portman Announces Support for Narrowed Crypto Tax Rule

Sen. Rob Portman is believed to have authored the original crypto tax reporting provision with support from the Biden administration.

U.S. Sen. Rob Portman (R-Ohio)