Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. When he's not reporting on digital assets and policy, he can be found admiring Amtrak or building LEGO trains. He owns < $50 in BTC and < $20 in ETH. He was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Markets

China's Qinghai Province Has Ordered All Crypto Miners to Shut Down

It follows orders to other provinces, including Xinjiang and Inner Mongolia, to shut down miners.

China flag

Markets

It's Official: El Salvador's Legislature Votes to Adopt Bitcoin as Legal Tender

A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.

El Salvador President Nayib Bukele

Policy

El Salvador Legislature Indicates Favor Toward President's Bitcoin Bill

The government would also create a trust that would enable the “instantaneous convertibility of bitcoin to dollars,” the bill said.

El Salvador President Nayib Bukele with his wife, Gabriela Rodriguez.

Markets

Distributed Ledgers Included in Tech Bill Passed by US Senate

The bill gives a nod toward blockchain and now moves to the House.

Sen. Chuck Schumer is the lead sponsor of the Endless Frontier Act.

Markets

DeFi Derivatives May Be Illegal: CFTC Commissioner

Federal law "does not contain any exception" for decentralized finance markets, Dan Berkovitz said.

CFTC Commissioner Dan Berkovitz

Policy

State of Crypto: Ransomware Is a Crypto Problem

The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.

Ransomware's been an issue for years, but recent high-profile attacks are shining a spotlight on the form of cyberattack – and crypto's role in enabling it.

Markets

World Economic Forum Hopes to Explain DeFi for Regulators With White Paper

The World Economic Forum’s new white paper is meant to act as a toolkit for regulators looking to understand the decentralized finance sector.

The World Economic Forum published a DeFi toolkit.

Markets

Federal Officials Recover Bitcoin Ransom From Colonial Pipeline Attack

Colonial paid $4.4 million in bitcoin after its systems fell victim to a ransomware attack last month.

Deputy Attorney General Lisa Monaco announced that federal officials had seized a bitcoin wallet that held proceeds from the Colonial Pipeline ransomware attack.

Markets

Top US Lawmaker Presses Big Companies on Ransomware Crypto Payments

Paying international criminals to unlock data “will put an even bigger target on the back of critical infrastructure,” says U.S. Rep. Carolyn Maloney.

Rep. Carolyn Maloney (D-N.Y.) demanded answers from Colonial Pipeline and CNA Financial about their ransomware payments, warning that paying these fees may lead to further growth in ransomware attacks.

Markets

New OCC Head Doesn't Rule Anything Out in Digital Asset Guidance Review

The Office of the Comptroller of the Currency is reviewing all of the digital asset guidance issued under the leadership of former Acting Comptroller Brian Brooks.

Acting Comptroller Michael Hsu