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Latest from Nikhilesh De
FSOC's Still Worried About Stablecoins
The group's 2024 report once again highlighted FSOC's longstanding concerns about stablecoins.

U.S. Regulator Told Banks to Avoid Crypto, Letters Obtained by Coinbase Reveal
Coinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking.

DYdX Surges 30% as Trump Names David Sacks as 'AI and Crypto Czar'
The "PayPal Mafia" alum will work to ensure the crypto industry has the legal framework and clarity it has been asking for, Trump said in a TruthSocial post.

Bitcoin Crashed Below $94K in Sudden Plunge From Record Perch Around $100K
BTC has been red-hot lately, taking out a milestone, but the bottom just fell out.

Circle Claims Bragging Rights of USDC Becoming First Regulated Stablecoin in Canada
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.

Ether Rises 8% Amid Slumping Bitcoin Dominance
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.

Trump Names Former SEC Commissioner Paul Atkins as His Pick for Chair of the Agency
President-elect Donald Trump announced he would nominate Paul Atkins, a former SEC commissioner and current CEO of Patomak Global Partners, to run the SEC.

U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group
One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.

Congress' Most Prolific Crypto Trader Is a Georgia Trucking Operator
Representative Mike Collins has been dabbling in memecoin Ski Mask Dog, buying some this week and revealing that the memecoin draw extends even to Congress.

Alex Mashinsky, Founder and Former CEO of Celsius, Pleads Guilty to Fraud
Mashinsky repeatedly lied to investors about whether the platform was making uncollateralized loans.
