Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Policy

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy

Lobbying groups for the U.S. banks sent President Joe Biden a letter asking him to change his mind on his threat to veto the congressional effort to overturn SAB 121. Members of Congress did, too.

Chair Gary Gensler continues to defend his agency's Staff Accounting Bulletin No. 121 on handling crypto. (Jesse Hamilton/CoinDesk)

Policy

U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress

The Oregon Democrat has been among his party's crypto sympathizers in the Senate, and he said there's "a long way to go" after this early burst of crypto momentum in Washington.

Sen. Ron Wyden, who heads the Committee on Finance, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Policy

A16z Boosts Crypto's Election Fund by Another $25M to Seek Friendly Congress

After Ripple's similar addition, which put the industry's political action committees over the $100M mark this week, the additional $25M pushes the political influence into rare territory.

Chris Dixon of a16z Crypto announces another $25 million in U.S. campaign donations at Consensus 2024. (Jesse Hamilton/CoinDesk)

Policy

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year

Rep. Patrick McHenry – the chief GOP negotiator on crypto legislation – said future policy is now assured by a major bipartisan showing for his effort in the House of Representatives.

Rep. Patrick McHenry told a Consensus 2024 audience that crypto law is inevitable by next year. (Shutterstock/CoinDesk/Suzanne Cordiero)

Policy

U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says

FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.

Brian Nelson, U.S. Treasury Under Secretary, Office of Terrorism and Financial Intelligence, U.S. Department of the Treasury, at Consensus 2024. (CoinDesk/Shutterstock)

Policy

U.S. House's Emmer Says Best Hope for Crypto Legislation Is Year-End Session

The Republican majority whip, Rep. Tom Emmer, suggested headwinds for a major crypto bill in this waning session, with a best shot in the so-called lame-duck session after the election.

Tom Emmer, Majority Whip of U.S. House of Representatives speaks at Consensus 2024. (Shutterstock/CoinDesk)

Policy

Ripple Donates Another $25M to Crypto Super PAC Fairshake

Ripple’s new contribution to Fairshake is on top of another $25 million donation to the pro-crypto PAC in 2023.

Ripple CEO Brad Garlinghouse  (Scott Moore/Shutterstock/CoinDesk)

Policy

Consensus 2024 Week: The House Passed a Market Structure Bill

The House of Representatives passed a crypto market structure bill in an interesting first for the legislature.

U.S. Capitol building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Markets

Ether ETFs Clear Major Hurdle, Though SEC Hasn't Cleared Them for Trading Yet

"A week ago, I would've said you were a little crazy to think that these ETFs were going to get SEC approval," a Bloomberg analyst said.

SEC (Nikhilesh De/CoinDesk)

Policy

U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC

The bill's prospects in the Senate are unclear, however.

U.S. Capitol Building (Louis Velazquez/Unsplash)