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

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Markets

US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance

U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.

The IRS has released a draft version of the 2021 1040 form.

Markets

Brazil Moves to Probe Banks After Crypto Exchanges Denied Services

Brazil's antitrust watchdog is investigating major banks for potentially collaborating to prevent crypto brokerages from gaining banking services.

Sao Paulo, Brazil

Markets

Crypto Advocate Cody Wilson Charged With Child Sexual Assault

Cody Wilson, founder of the 3D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.

Wilson

Markets

US Banking Giant PNC Becomes Latest to Adopt Ripple's xCurrent

PNC Bank's Treasury Management division is to begin accepting cross-border transactions using Ripple's xCurrent product.

PNC bank

Markets

UK Lawmakers Call For Greater Oversight of Crypto Industry

Citing market volatility and consumer risk, the U.K. Treasury Committee called for increased regulation of the cryptocurrency space in a new report.

British pounds

Markets

New York AG Report Faults Crypto Exchanges for Manipulation Risks

The NY Attorney General's Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.

shutterstock_92729923-trading-charts-volatility

Markets

Coinbase Hires LinkedIn Executive as New Data Chief

Coinbase has brought LinkedIn head of analytics and data science, Michael Li, on as its new vice president of data.

cb2

Markets

High Times Quietly Removes Crypto Payment Option From IPO Website

High Times has removed bitcoin as a payment option for its IPO, just days after admitting it was accepting the cryptocurrency.

mjfarm

Markets

Cryptojacking Scripts Found on Local Indian Government Sites

Municipal government websites in Andhra Pradesh are running cryptojacking scripts, a group of security researchers found earlier this month.

stone buddha

Markets

Cloudflare Launches Decentralized Web Gateway at Its First 'Crypto Week'

Cloudflare intends to announce a new cryptography-related product every day this week. The first: a gateway to access the InterPlanetary File System.

cfipfs