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Latest from Nikhilesh De
Crypto Exec Pushing for Industry Support of Kamala Harris for President
J.P. Thieriot, a board member and ex-CEO of Uphold, backs the vice president in her U.S. presidency bid and says he's hoping to build a digital assets advocacy for the Democrat.

Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request
Kwon has been in custody in the Balkan country since March 2023, when he was arrested for using a fake passport en route to Dubai.

Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.

Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer
The SEC’s approach towards NFTs, plaintiffs argue, “has the potential to bleed into the traditional art and collectibles markets in an unprecedented and boundless manner.”

Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.

Russia Legalizes Crypto Mining and Brings an Experimental Regime
The State Duma passed two bills on Tuesday.

WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
Shetty said that outreach efforts to different exchanges “are going to be crucial.”

BitClout Founder Charged With Wire Fraud, Civil Securities Charge
Nader Al-Naji was arrested on Saturday and faces both civil and criminal charges.

Trump's Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details
The idea for a U.S. government stockpile – pushed by U.S. Sen. Lummis and echoed by former President Donald Trump – has been praised by bitcoin investors, but details are scant.

One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release.
