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

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.

Bank vault (State Library of New South Wales, modified by CoinDesk using PhotoMosh)

Markets

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.

U.S. Treasury Department seal

Policy

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.

Wyden_Shutterstock

Markets

Twitter Hack: Chainalysis and CipherTrace Confirm FBI Investigation

The FBI is investigating Wednesday’s Twitter hack, Chainalysis and CipherTrace confirm.

dojfbi

Markets

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.

Twitter CEO Jack Dorsey (U.S. House of Representatives)

Policy

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.

The IRS plans to publish additional guidance around cryptocurrencies, with the next document addressing information reporting. (Shutterstock, modified by CoinDesk using PhotoMosh)

Markets

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.

Circle founder and CEO Jeremy Allaire

Finance

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.

Administrator Jovita Carranza took over the SBA this year. (Tia Dufour/White House/Small Business Administration)

Markets

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.

(EEPROM Eagle/Wikimedia Commons)

Markets

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.

U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)