Sheldon Reback

Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble and collapse. He managed the Bloomberg Terminal's main news page and worked on a global project to produce short, chart-based stories across the newsroom. Before that, he worked for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.

Sheldon Reback

Latest from Sheldon Reback


Markets

Bitcoin holds near $77,400 as derivatives signal caution

Crypto markets flashed green on Wednesday, but falling futures open interest and mixed altcoin performances suggest traders are reducing risk rather than chasing the rebound.

Bitcoin price (CoinDesk Data)

Finance

Germany's AllUnity plans Swedish krona stablecoin, pushes into AI agentic payments

The DWS and Galaxy-backed firm targets June debut for its SEKAU stablecoin as Europe pushes to build regulated local-currency alternatives to U.S. dollar tokens.

Alexander Höptner, CEO at AllUnity (AllUnity)

Finance

Pan-European stablecoin effort expands to 37 lenders in push back against U.S. dollar dominance

Qivalis, a stablecoin initiative backed by a group of European banks, aims to issue a stablecoin later this year to deepen the euro's role in tokenized finance.

Jan-Oliver Sell, CEO of Qivalis (Qivalis)

Finance

Zerohash pursues new funding at more than $1.5 billion valuation after Mastercard drops investment plans

Crypto infrastructure providers are drawing renewed investor interest as Wall Street deepens its push into digital assets.

Mastercard (CoinDesk)

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Markets

Bitcoin treads water near pivotal monthly close while speculative tokens retreat

Bitcoin held near $76,800 as altcoins weakened, WLFI slid and traders watched whether the largest cryptocurrency can hold Tom Lee's line in the sand.

CoinDesk

Finance

HIVE buys $58 million Toronto plot for AI facility; shares climb

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

Hall of crypto mining servers

Policy

UK’s financial payments network is ready for tokenization, regulators say

The U.K.’s financial watchdog and central bank unveiled their roadmap for tokenization, the use of stablecoins for institutional settlement and a phased transition toward 24/7 operation.

UK FCA building (FCA)

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Finance

Standard Chartered to acquire remainder of subsidiary Zodia Custody

The bank's offer to acquire the slice of Zodia Custody it doesn't already own has been accepted by the firm's other shareholders and noteholders.

The Standard Chartered logo on the outside of an office building (Corporate Locations/Unsplash)