Nelson Wang

U.S. News Editor, East Coast

Nelson edits features and opinion stories and was previously CoinDesk’s U.S. News Editor for the East Coast. He has also been an editor at Unchained and DL News, and prior to working at CoinDesk, he was the technology stocks editor and consumer stocks editor at TheStreet. He has also held editing positions at Yahoo.com and Condé Nast Portfolio’s website, and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC, ETH and SOL above CoinDesk’s disclosure threshold of $1,000.

Latest from Nelson Wang

Finance

Hong Kong's HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That's Not Really News

HSBC's customers in Hong Kong have in fact been able to trade such crypto investment products since they were first listed on the Hong Kong Stock Exchange back in December.

Jun 26, 2023

Finance

Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase

The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.

Jun 26, 2023

Web3

Home Improvement Giant Lowe's Is Selling an Mfers Meme NFT Garden Flag

An NFT project that has grown its community and reached meme status has made its way onto a major retailer's website.

Jun 23, 2023

Evergreen Siezenals flag at Lowe's featuring Mfers NFT. (0xsthompson/Twitter)

Policy

Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg

The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.

Jun 23, 2023

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Finance

BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi

BlackRock's views could carry extra weight in the ongoing battle over regulation in the industry.

Jun 22, 2023

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Markets

Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi

Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.

Jun 22, 2023

Finance

TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

Traders are still making multi-million dollar bets on a depeg, however.

Jun 22, 2023

Finance

Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors

EDX Markets has a different business model than other crypto exchanges, which regulators like, its CEO Jamil Nazarali told CoinDesk in an interview in April.

Jun 20, 2023

Jamil Nazarali, CEO of crypto exchange EDX Markets (CoinDesk TV, modified)

Policy

Australian Payment Provider Cuscal Imposes New Restrictions on Crypto; Industry Body Criticizes Move

"Australians ... expect to be able to spend their money and use their assets as they choose, without undue restrictions," a Blockchain Australia official said.

Jun 20, 2023

The Sydney Opera House in Australia (Stanbalik/Pixabay)

Finance

Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown

Over-the-counter demand is on the rise as spreads remain tight across OTC desks.

Jun 16, 2023

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