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Nikhilesh De
Virgil Griffith Should Return to Jail Pending Trial, Prosecutors Tell Judge
Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law in North Korea, has violated his bail conditions and should be returned to jail, U.S. prosecutors said Friday in a letter filed to the court. CoinDesk's Nikhilesh De discusses why this is a case to continue to watch. Plus, the latest updates on global enforcement actions against Binance.

USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.

Binance CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’
CoinDesk’s Nikhilesh De unpacks the latest story in the ongoing Binance saga. In an open letter on Wednesday, Binance CEO Changpeng “CZ” Zhao described how the crypto exchange has evolved over the past four years, the current regulatory environment and its approach for the future.

Barclays Blocks Payments to Binance in UK
U.K. bank Barclays said Monday it is blocking customers from using their debit and credit cards to make payments to crypto exchange Binance, following the Financial Conduct Authority (FCA)’s announcement that Binance cannot conduct regulated activities in the country.

Strike Offers 'No Fee' Bitcoin Buys, Goes Head-to-Head With Coinbase
CoinDesk's Nikhilesh De explains what it means for the regulators as Jack Mallers' payments platform Strike is now competing against Coinbase to offer U.S. customers to buy and sell bitcoin with almost no trading fees.

Key Takeaways From House Financial Services Committee's Crypto Hearing
CoinDesk's Nikhilesh De has the key takeaways from Wednesday's hearing hosted by a subcommittee of the U.S. House Committee on Financial Services regarding crypto trading. "All the witnesses circle around the idea that we need more regulatory clarity in the U.S.," De said.

Crypto Backdoor Is Key to Unmasking Bad Actors, Says Democratic Congressman Bill Foster
Lawmakers calling for encryption backdoors is not new. CoinDesk’s Nikhilesh De reacts to democratic congressman Bill Foster’s remarks about a crypto backdoor as “key to unmasking bad actors.”

ETF Race Heats Up, Global Exchanges Under Regulatory Pressure
Cathie Wood’s ARK Invest is working with crypto ETP issuer 21Shares to enter the bitcoin ETF race under the symbol “ARKB.” Will Wood get a bitcoin ETF over the finish line with U.S. regulators? CoinDesk’s Nikhilesh De examines the regulatory hurdles.

‘Crypto Frenzy’: What to Expect From Wednesday’s House Financial Services Committee Hearing
A subcommittee of the House Committee on Financial Services will host a hearing on Wednesday titled, “America on FIRE: Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?” CoinDesk's Nikhilesh De sheds light on what to expect. Plus, Binance facing regulatory warnings in several countries and whether this is indicative of a larger global policy shift around regulating crypto exchanges.

Treasury Nominees Pledge to Enforce New Crypto Regulation
The Senate Banking Committee held a hearing for Ryan Nelson and Elizabeth Rosenberg, who have been nominated to financial crimes roles within the Treasury Department. CoinDesk's Global Policy and Regulation Managing Editor Nikhilesh De shares some key takeaways and the implications for crypto regulation under the Biden administration.
