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Nikhilesh De


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U.S. Judge Rebuffs SEC Request to Freeze Binance.US Assets

The federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance and Binance.US declined to order a temporary restraining order freezing the U.S. trading platform's assets. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the key takeaways from Tuesday's hearing.

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U.S. DOJ Charges 2 Russian Nationals With Mt. Gox Hack

Russian nationals Alexey Bilyuchenko and Aleksandr Verner were charged by the U.S. Department of Justice with the 2014 Mt. Gox hack, at the time one of the biggest thefts in crypto history. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest revelations in the case.

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Binance.US Suspends Use of Fiat Amid Mounting Legal Troubles

Binance.US says it's transitioning to an all-crypto exchange as of June 13, citing pressures from the U.S. Securities and Exchange Commission (SEC), which targeted the company with a major enforcement action this week. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the exchange's move away from the use of fiat and pressure from regulators.

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Coinbase Not Shutting Down Staking Service, CEO Armstrong Says

Crypto exchange Coinbase (COIN) will continue operating its crypto staking service despite facing lawsuits from state and federal regulators over the program and several of its other offerings, Coinbase CEO Brian Armstrong said Wednesday at the Bloomberg Invest Conference. Plus, a letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case because he once offered to be an "informal advisor." CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest developments.

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SEC Sues Coinbase on Unregistered Securities Exchange Allegations

The U.S. Securities and Exchange Commission (SEC) sued U.S. crypto exchange Coinbase (COIN) on allegations of violating federal securities law. This comes a day after the agency filed a similar lawsuit against Binance. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest.

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House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball

Leaders of the House Financial Services Committee and House Committee on Agriculture released a draft bill that aims at building a guideline for crypto exchanges to register with the SEC and operate within the United States. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the draft legislation.

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SEC Settles Insider Trading Charges With Former Coinbase Employee

The U.S. Securities and Exchange Commission settled charges with a former Coinbase (COIN) product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest developments.

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Gov. Ron DeSantis Announces Presidential Bid, Talks About Crypto

Florida Governor Ron DeSantis, the latest contender for the leadership of the Republican Party, said during a Twitter space that "bitcoin represents a threat to [the current regime]." CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on DeSantis' attitudes toward crypto and CBDCs.

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Tornado Cash Developer Facing Dutch Charges to Question Chainalysis Data

Tornado Cash developer Alexey Pertsev will be allowed to cross-question blockchain analytics company Chainalysis as he seeks to clear his name of money laundering charges, according to the rulings of a Dutch court. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses what to expect from Pertsev's case and his upcoming trial. Chainalysis did not immediately respond to a request for comment.

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Gemini Says Genesis Parent Company DCG Missed $630 Million Payment

Gemini said in an update on its website that Digital Currency Group (DCG) missed a $630 million payment owed to Genesis last week. Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. Both Genesis and CoinDesk are owned by DCG. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the latest developments.

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