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


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

Policy

Coinbase Going Public Could Let the SEC Dictate Which Tokens Get Listed

The SEC could use its approval power over stock market listings to dictate which tokens crypto exchanges like Coinbase can list as they seek to go public.

Coinbase CEO Brian Armstrong

Policy

CFTC's Latest Crypto Primer Highlights DeFi, Governance

Decentralized finance and crypto governance are among a growing list of topics the Commodity Futures Trading Commission is watching in the digital asset space, it said in a new primer.

cftc

Policy

FinCEN Encourages Banks to Share Customer Information With Each Other

The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report database has become.

FinCEN director Kenneth Blanco