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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Korea's Crypto Crackdown Talk Draws Backlash From Users and Politicians

South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.

Skorea

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Former Customers Sue Crypto Exchange Vircurex Over Frozen Funds

Former Vircurex customers are suing the exchange, four years after it first froze their funds and allegedly failed to repay them.

gavel

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China's Internet Finance Association Warns on 'Initial Miner Offerings'

The National Internet Association of China warned against "initial miner offerings," referring to them as "disguised ICOs" on Friday.

Row of Gridseed litecoin miners set up. Copyright: Arina P Habich

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Ukraine Forms Cryptocurrency Oversight Working Group

Ukraine's national defense chief called for legislation regulating cryptocurrencies at a recent meeting on cybersecurity.

ukraine, europe

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US State Regulators Hit BitConnect With Second Cease-And-Desist

North Carolina became the second state to halt BitConnect's ICO after issuing a temporary cease-and-desist.

NC

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MoneyGram to Pilot Ripple's XRP Token

International money-remittance firm MoneyGram is partnering with Ripple to test the startup's XRP token for international payments.

moneygram

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Florida Bill Would Legally Recognize Blockchain Signatures, Smart Contracts

A new bill introduced to the Florida House of Representatives aims to legally recognize blockchain records and smart contracts.

florida flag

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South Korea Reportedly Expands Crackdown on Crypto Exchanges

New reports suggest that the South Korean government is intensifying its moves against the country's bitcoin exchanges.

sk police

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Mike Novogratz Unveils Plan for Cryptocurrency 'Merchant Bank'

Billionaire and ex-fund manager Mike Novogratz has unveiled the launch of a cryptocurrency "merchant bank."

Galaxy Digital founder and CEO Mike Novogratz

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Bitmain Looks to Europe as China Cools to Bitcoin Miners

Bitmain, the China-based bitcoin mining giant, has set up a new subsidiary in Switzerland.

Swiss