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Latest from Nikhilesh De
White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry
A bipartisan agreement on stablecoin legislation was in reach, according to the chair of the House Financial Services Committee, but the ranking Democrat said McHenry halted talks.

Sam Bankman-Fried Won't Face Campaign Finance Charge, U.S. DOJ Says
The Justice Department said late Wednesday that the campaign finance charge was not included in an extradition document with The Bahamas, and so it would not proceed on the charge.

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
The votes mark the first time crypto-specific bills were advanced on their own merits and not as part of broader legislation.

FTX’s Bankman-Fried Should Be Jailed Heading Into Trial, U.S. Argues
A prosecutor said that "no set of release conditions can secure the safety of the community."

U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Celsius's Former CEO, Attorneys Tell Judge
Alex Mashinsky was arrested earlier this month on fraud and price manipulation charges.

Namibia's Crypto Assets Bill Is Now a Law
Namibia's virtual assets bill became an act and was put into law on Friday according to the Gazette of the Republic of Namibia.

Judge in FTX Case Mulls Gag Order on Contact with Media
Sam Bankman-Fried allegedly leaked private writings from his alleged co-conspirator to “influence public opinion” ahead of his trial this fall.

EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements

New U.S. Senate Bill Wants to Regulate DeFi Like a Bank
DeFi protocols would need to impose strict controls on their users.
