Nikhilesh De

Nik is a news, regulation and institution reporter at CoinDesk. He was previously a news, science, technology and community reporter and editor with The Daily Targum. His work has been featured in The Nation and referenced by The Washington Post, ZDNet, Gizmodo, NJ Advance Media and The Philadelphia Inquirer. He owns 0.002507 BTC.

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Senate Banking Committee Schedules July Hearing on Facebook’s Libra Crypto

| Nikhilesh De and Stan Higgins

The U.S. Senate Banking Committee will hold a hearing next month on Facebook's new cryptocurrency, Libra.

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Facebook’s Cryptocurrency Will Face ‘Regulatory Hurricane,’ Canaccord Analysts Say

| Nikhilesh De

Facebook's Libra coin will face a regulatory "hurricane," warn otherwise-bullish analysts at investment bank Canaccord.

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Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto

| Nikhilesh De

House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held.

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Facebook Has Yet to Answer US Lawmakers’ Questions About Libra Crypto

| Nikhilesh De

Facebook is still working on its responses to the U.S. Senate Banking Committee's questions about the Libra coin.

Facebook Unveils Libra Cryptocurrency, Targeting 1.7 Billion Unbanked

| Nikhilesh De and Zack Seward

Facebook's newly unveiled Libra blockchain is tackling remittances at first, but it could have a much broader impact.

Ripple Could Invest Up to $50 Million in MoneyGram in XRP Boosting Deal

| Nikhilesh De

Money transfer giant MoneyGram will use Ripple's xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership.

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

| Nikhilesh De

Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups.

Crypto Exchange to Block US Customers from Trading

| Nikhilesh De

Binance will bar deposits and trading by users in certain jurisdictions and those found to violate the exchange's terms of use.

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Report: Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency

| Nikhilesh De

Visa, Mastercard, PayPal and Uber are all backing Facebook's new cryptocurrency, according to the Wall Street Journal.

Binance Says It’s Launching a US Exchange With FinCEN-Registered Partner

| Nikhilesh De

Binance says it's plotting an expansion to the U.S. and working with a partner that's registered with FinCEN.