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

CFTC Has No Authority to Second-Guess Election Contracts, Judge Says

The opinion in Kalshi's lawsuit against the regulator could have implications for a pending proposal to ban all political prediction markets.

This year's U.S. election has fueled a betting boom, but Kalshi has been unable to take part while its case was pending. (Natalie Behring/Getty Images)

Policy

Crypto Bank Anchorage Digital, BitGo Take on Custody for ARK 21Shares Bitcoin ETF

With this partnership, U.S.-chartered crypto bank Anchorage is moving into ETF custodial services for one of the leading issuers., alongside BitGo.

Anchorage co-founder and CEO Nathan McCauley (CoinDesk)

News Analysis

U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown

Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters.

WASHINGTON, DC - DECEMBER 01:  Commodity Futures Trading Commission Chairman Rostin Behnam testifies about the collapse of the cryptocurrency exchange company FTX before the Senate Agriculture, Nutrition and Forestry Committee in the Dirksen Senate Office Building on Capitol Hill on December 01, 2022 in Washington, DC. In his first public comments since his business collapsed, Sam Bankman-Fried told the New York Times Wednesday that management and accounting failures were the reason for the collapse of his $32 billion company, which has sparked civil and criminal investigations. (Photo by Chip Somodevilla/Getty Images)

Policy

Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

The controversial company is open for custody of digital securities, adding Optimism and The Graph to its list, though most of the industry disagrees on securities labels for most tokens.

Aaron (pictured) and Benjamin Kaplan, Co-CEOs of Prometheum, are expanding their custody scope for crypto securities. (Suzanne Cordiero/Shutterstock/CoinDesk)

Opinion

Crypto Goes Unmentioned Again at Second Presidential Debate

The chances of crypto popping up were low. Still, it would have been nice.

Former U.S. President Donald Trump and Vice President Kamala Harris (Chip Somodevilla/Getty Images)

Policy

Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say

The former Alameda Research CEO testified against her former boss, Sam Bankman-Fried, last year.

Ex-Alameda CEO Caroline Ellison, center, at the federal courthouse in Manhattan as she was due to testify in Sam Bankman-Fried's trial on Oct. 10, 2023 (Victor Chen/CoinDesk)

Policy

Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests

Crypto was once again not mentioned in the second 2024 debate, the first between Kamala Harris and Donald Trump.

Former U.S. President Donald Trump and Vice President Kamala Harris (Win McNamee/Getty Images)

Policy

Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24

Ellison ran Alameda Research, the FTX-affiliated hedge fund, and testified that she committed fraud at founder Sam Bankman-Fried's direction last year.

Caroline Ellison, the government's star witness in their case against FTX founder Sam Bankman-Fried, leaving court on Tuesday, Oct. 11 following her first day of testimony. (Danny Nelson/CoinDesk)

Policy

Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight

The company expects to launch wider crypto securities services next year, it said, joining controversial firm Prometheum as a potentially U.S.-compliant digital assets securities firm.

The ranks of crypto special-purpose broker dealers under the Securities and Exchange Commission's watch has expanded to two, now including tZero, the company said. (CoinDesk)

Policy

Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says

Crypto scams accounted for only a tenth of total financial fraud complaints last year – but nearly half of the losses.

16:9 Fraud, scam (brandwayart/Pixabay)