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Danny Nelson

Danny Nelson

Danny is CoinDesk's deputy business editor. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH, and SOL, as well as the LinksDAO NFT.

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Markets
Tax
Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks
Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax.
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By Danny Nelson
Jan 11, 2021 at 10:54 p.m. UTC
Jan 11, 2021
TaxMiningKentucky
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Finance
Data news
NYDIG Acquires Digital Assets Data
The acquisition bolsters NYDIG's data offerings as it continues to build out an institutional client base.
shutterstock_1190756797
By Danny Nelson
Jan 11, 2021 at 7:25 p.m. UTC
Jan 11, 2021
Data NewsNYDIGMergersDigital Assets Data
sofi-2
Markets
Sofi
SoFi to Go Public Through SPAC Merger at $8.6B Valuation
The lending fintech agreed to merge with SPAC Social Capital Hedosophia Holdings Corp.
sofi-2
By Danny Nelson
Jan 7, 2021 at 9:40 p.m. UTC
Jan 7, 2021
SoFiMergersSPACs
finland-border
Markets
Finland
Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions
Finland's customs agency plans to sell nearly 2,000 bitcoins agents seized in drug raids.
finland-border
By Danny Nelson
Jan 7, 2021 at 8:20 p.m. UTC
Jan 7, 2021
FinlandBitcoin ForfeitureCryptocurrency Crimes
rippl2
Markets
Blockchain.com
Blockchain.com to Stop XRP Trading Tonight
Blockchain.com is the latest crypto exchange to delist XRP.
rippl2
By Danny Nelson
Jan 5, 2021 at 9:23 p.m. UTC
Jan 5, 2021
Blockchain.comRipple Effect
james-holzhauer-introduces-jeopardy-themed-igt-slot-machines
Markets
Gambling
Gambling Tech Giant IGT Patents Way to Fund Bets With Bitcoin
IGT's bitcoin funding patent comes as the gambling tech giant's plans for cashless wagering move forward.
james-holzhauer-introduces-jeopardy-themed-igt-slot-machines
By Danny Nelson
Jan 5, 2021 at 8:47 p.m. UTC
Jan 5, 2021
GamblingPatentsIGT
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Markets
Sec
Tetragon Sues Ripple to Force Stock Redemption
Tetragon was one of Ripple Labs' big financial backers.
water-ripples-waves
By Danny Nelson
Jan 5, 2021 at 6:46 p.m. UTC
Jan 5, 2021
SECRipple LabsXRPRipple EffectTetragon
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Markets
Bitcoin
Bitcoin Blasts Past $34K for First Time, Less Than 24 Hours After Blowing Through $30K
Following a torrid December in which the price of bitcoin rose $10,000, three days into the new year it's up another $5,000.
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By Kevin ReynoldsTanzeel AkhtarZack VoellOmkar GodboleDanny Nelson
Jan 3, 2021 at 9:06 a.m. UTC
Jan 3, 2021
BitcoinMarketsATH
u-s-customs-and-border-protection-provide-testimony-at-ms13-hearing
Markets
Fincen
FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.
u-s-customs-and-border-protection-provide-testimony-at-ms13-hearing
By Danny NelsonNikhilesh De
Dec 31, 2020 at 9:52 p.m. UTC
Dec 31, 2020
FinCENUS Treasury DepartmentBank Secrecy Act
turkey-central-bank
Markets
Turkey
Turkey to Pilot Digital Currency in 2021, Says Central Bank Governor
Naci Ağbal's comments would place Turkey on the fast track to central bank digital currency.
turkey-central-bank
By Danny Nelson
Dec 26, 2020 at 1:38 a.m. UTC
Dec 26, 2020
TurkeyCBDCBank for International Settlements