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


Finance

Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public

The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.

Swan Bitcoin unveils BTC mining unit as parent company prepares to go public. (Swan Bitcoin)

Policy

The Digital Pound Consultation Will Drop Thursday, U.K. Official Says

There's a number of issues around privacy, financial inclusion, whether there's limits, monetary policy and interest, James Bowler, Permanent Secretary of the Treasury said.

UK United Kingdom British England Flag (Unsplash)

Policy

What's Uniting the SEC's Crypto Cases

We now wait to see how judges will rule on the Coinbase and Binance cases.

The Daniel Patrick Moynihan courthouse in Manhattan. (Nikhilesh De/CoinDesk)

Finance

Fan Club for Solana's Saga Phone Loses 750 SOL

Saga DAO's founder had moved the funds to a wallet whose multisig protections never came online.

Saga phone (Danny Nelson/CoinDesk)

Markets

Avalanche Foundation Puts Rules on Plans to Buy Meme Coins

Only meme coins native to the Avalanche blockchain will be considered, according to new guidelines.

(Danny Nelson/CoinDesk)

Policy

Abra to Open Withdrawals After Settling with Texas Regulators

More than 12,000 investors could be able to withdraw roughly $13 million worth of crypto, according to a new settlement between Abra and state regulators.

Abra CEO Bill Barhydt speaks during SALT 2022

Policy

SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In

The U.S. regulator confirmed it didn't take its own security advice through much of 2023, leaving it open for a costly social-media hack that's still under investigation.

Gary Gensler's SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)

Policy

Bailing DeSantis May Leave Deafening Crypto Silence in 2024 Presidential Race

The Florida governor and Vivek Ramaswamy had been the most strident Republican voices on digital assets issues for 2024, but both gave way to the Trump political juggernaut.

Florida Gov. Ron DeSantis ' departure from the presidential campaign field likely means less crypto talk in the 2024 election. (CoinDesk screen grab from governor's office video)

Policy

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

FTX liquidators are scrapping a costly legal battle to secure money for FTX creditors, following GBTC's conversion into a spot bitcoin ETF.

The now-former FTX Arena (Danny Nelson/CoinDesk archives)

Finance

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

FTX logo (Adobe Firefly)