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Latest from Nikhilesh De
Banks in US Can Now Offer Crypto Custody Services, Regulator Says
U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers.

US Agency Says Chinese Drug Traffickers Used Bitcoin to Launder Proceeds
The U.S. Office of Foreign Asset Control has sanctioned four Chinese residents, claiming they helped launder drug proceeds using bitcoin.

In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin
Lawmakers are calling on Twitter to answer for a hack that shook the platform, focusing on cybersecurity rather than scapegoating cryptocurrencies.

Twitter Hack: Chainalysis and CipherTrace Confirm FBI Investigation
The FBI is investigating Wednesday’s Twitter hack, Chainalysis and CipherTrace confirm.

Obama, Biden, Netanyahu, Musk: Here's a List of Every Hacked Twitter Account
Twitter got hacked. Prominent users are shilling sketchy crypto addresses. Here's a list of victims.

Even the IRS Admits Some Crypto Tax Regulations Are 'Not Ideal'
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class.

Circle Confirms Freezing $100K in USDC at Law Enforcement's Request
CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.

ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $30M+ in US 'PPP' Bailout Loans
At least 45 crypto and blockchain startups, ranging from Bittrex to the Electric Coin Company, received U.S. Paycheck Protection Program loans, new filings show.

IOTA Foundation Enters Base Layer Race With '2.0' Testnet
IOTA's new testnet addresses the technical feature that nuked the blockchain-like network for nearly two weeks earlier this year.

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.
