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Latest from Nikhilesh De
U.S. House Committee Advances Effort to Erase IRS' DeFi Tax Rule
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
Treasury Secretary Scott Bessent Hires Galaxy Digital Counsel to Advise on Crypto
Tyler Williams previously served several roles in the U.S. government.
Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.
UK Introduces Crime Bill That Extends Powers for Courts When Retrieving Crypto
The Crime and Policing Bill has measures on how to value crypto and retrieve it from criminals.
One of 2 Remaining Democrats at U.S. CFTC Will Exit When New Chair Arrives
As the crypto industry awaits a surge in digital assets authority at the U.S. derivatives agency, Democrat Christy Goldsmith Romero plans to depart.
Crypto-Friendly Former Congressman Patrick McHenry Joins A16z as a Senior Advisor
McHenry announced his new role in a Wednesday X post, writing that he was “eager to help innovators navigate the policy landscape so they can build.”
How to Prepare for a Major Compliance Failure Settlement: The OKX Approach
A confidential crisis management document drafted by OKX offers a fascinating insight into how one exchange choreographs its response when news breaks about regulatory failures.
SEC Drops Investigation Into Uniswap, Will Not File Enforcement Action
Uniswap celebrated the news on X, calling it a “huge win for DeFi.”
Upbit Partner Firm Faces 3 Month Partial Suspension From South Korea
The notice is due to the company's "violation of the obligation to prohibit transactions with unreported virtual asset operators," it said.
FTT Briefly Spikes After Sam Bankman-Fried Tweets for First Time in 2 Years
Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence.
