Nikhilesh De


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Crypto and Politics: Bitcoin in the Far-Right

A dozen far-right entities reportedly took in bitcoin worth more than $9 million in just over four years. This money is all but out of reach to banks, courts, and regulators, but this is not new. CoinDesk's Nikhilesh De discusses insights into far-right extremists using bitcoin and what it reveals about bitcoin's use case. Plus, the latest on the U.S. Senate's infrastructure bill.

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Ethereum Developer Virgil Griffith Goes on Trial for Allegedly Advising North Korea

Virgil Griffith, a developer of the Ethereum network arrested at the end of 2019 on allegations he helped educate North Koreans about cryptocurrencies, will begin his trial Monday. Plus, the potential outcomes of the bipartisan infrastructure bill as the U.S. House of Representatives are to vote Monday.

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How the Crypto Crackdowns in China and US Are Different

China's central bank outlawed all crypto trading activities effective Friday as U.S. federal regulations are also increasingly coming into focus. What are the similarities and differences between the U.S. and China's crypto crackdowns? "[U.S. regulators] are trying to implement an actual regulatory regime ... that's a far sight from declaring transactions illegal entirely, and it does not look like the U.S. is heading down that path," CoinDesk's Nikhilesh De said. Plus, Kentucky ordered crypto lender Celsius to stop offering accounts in the U.S. state.

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Biden Reportedly to Nominate Crypto Critic as Top Bank Regulator

The Biden administration reportedly intends to nominate Cornell University Professor Saule Omarova, a crypto critic, to be the next Comptroller of the Currency (OCC). CoinDesk's Nikhilesh De discusses the outlook for crypto regulation should Omarova be nominated and confirmed.

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Why SEC Chair Gary Gensler Doesn't See Cryptocurrencies Lasting Long

In an interview with the Washington Post Tuesday, SEC Chair Gary Gensler said many cryptocurrencies won't last long, among a range of other comments. CoinDesk's Nikhilesh De discusses his reactions and analysis to Gensler's remarks. Plus, insights into the U.S. government's ongoing fight against ransomware following its sanctions against Russia-based cryptocurrency exchange Suex.io on allegations its transactions are associated with malicious actors, including ransomware proceeds.

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What’s Up With the Infrastructure Bill?

CoinDesk’s Nikhilesh De discusses today’s top regulation and policy events to monitor, including the latest on the infrastructure bill. Could the U.S. House of Representatives agree to vote on it next week as planned?

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Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware

The Biden administration is planning an array of actions to mitigate ransomware attacks, focusing on payments. This week, the U.S. Treasury Department plans to unveil sanctions and guidance to tackle cryptocurrency payments made to phone companies that have been victims of ransomware attacks. CoinDesk’s Nikhilesh De discusses what to expect.

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US Treasury Turns Its Gaze to Stablecoin Issuers

The U.S. Treasury Department is preparing a report on stablecoins and their potential risks to the financial system. Stablecoin transactions and their impact on financial stability are top-of-mind for Treasury officials. CoinDesk’s Nikhilesh De discusses the federal government’s latest efforts to examine stablecoins and the potential outcome for regulating the crypto industry at large.

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House Democrats Propose Wash Sale Rules on Crypto

House Democrats are hoping to close two possible loopholes within tax regulations for different types of sales in cryptocurrencies. CoinDesk's Nikhilesh De discusses the specifics, reactions, and implications of the proposed provisions, suggesting the potential outlook for crypto regulation.

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SEC Chair Gensler: Coinbase Should Register With Regulator

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler told the Senate Banking Committee Tuesday crypto exchanges like Coinbase should register with the regulator. CoinDesk’s Nikhilesh De discusses the main takeaways in the latest escalation of Gensler’s previous statements regarding whether crypto trading platforms qualify as securities exchanges.

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