Nikhilesh De

The DPRK’s Deep Roots in Crypto

Last week, CoinDesk's Sam Kessler reported that developers and IT workers employed by the Democratic People's Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of r...
Cryptocurrency

A U.S. Crypto Bill’s 2024 Chances

Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of 2024....
Cryptocurrency

R.I.P. Unhosted Wallet Rule

In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal.
Cryptocurrency

Bitcoin as a Strategic Reserve

Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis' propos...
Cryptocurrency

In Conversation With Brian Nelson

Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the c...
Cryptocurrency

Bitcoin ETF Confusion Abounds

The crypto industry can breathe a sigh of relief: It looks like a federal U.S. regulator will let the world's largest traditional finance asset managers and other firms list and trade shares of a vehicle giving retail and institutional investors exposu...
Cryptocurrency

In Search of the Elusive Crypto Voter

On Monday, a New Hampshire state representative asked a mostly-filled room at an industry campaign event to raise their hands if they were visiting from another state. More than half the people in the room raised their hands. These visitors had come to...
Cryptocurrency