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Latest from Nikhilesh De
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.

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 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.

Distributed Ledgers Included in Tech Bill Passed by US Senate
The bill gives a nod toward blockchain and now moves to the House.

DeFi Derivatives May Be Illegal: CFTC Commissioner
Federal law "does not contain any exception" for decentralized finance markets, Dan Berkovitz said.

State of Crypto: Ransomware Is a Crypto Problem
The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.

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.

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.

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.

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.
