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 of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist 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 steady near $70,000 as rising open interest hints at cautious, bearish positioning

Bitcoin traded around $69,800 as open interest rose to $102 billion, suggesting defensive, bearish bets while altcoins outperformed in a risk-off macro backdrop.

Bear. (Photo by Sean Benesh on Unsplash/Modified by CoinDesk)

Policy

Crypto-friendly fintech Revolut gains full UK banking license

The move is a major step in Revolut's goal to become a global digital bank. Services like crypto and stock trading remain separate.

A Revolut card (Kay/Unsplash/Modified by CoinDesk)

Finance

European Central Bank unveils tokenized finance plan to bolster EU's financial autonomy

The Appia roadmap for a euro-based tokenized financial system is part of the European Union’s push to reduce reliance on foreign financial infrastructure.

ECB headquarters Germany. (Photo: Thomas Wolf-Wikimedia Commons/Modified by CoinDesk)

Finance

Binance.US names compliance veteran as CEO as regulation, competition get tougher

The appointment of Stephen Gregory comes as U.S. crypto exchanges intensify competition and broaden offerings beyond digital assets.

(Source: Binance.US)

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Policy

Ghana opens crypto trading sandbox with 11 firms under new VASP law

The companies will be able to run their products in a controlled environment while regulators monitor risks and compliance.

Ghana's flag (Planet Volumes/Unsplash+/Modified by ConDesk)

Finance

Binance sues Wall Street Journal as newspaper says U.S. Dept. of Justice is investigating Iran transactions

The situation adds pressure to Binance, which is already operating under a compliance monitor following its $4.3 billion anti-money laundering and sanctions settlement in 2023.

(Danny Nelson/CoinDesk)

Markets

Bitcoin drops on Iran war uncertainty, AI tokens jump

BTC traded near $69,500 after failing to hold $71,000 as the Iran war kept markets cautious. AI tokens including ICP, FET outperformed on strong retail demand.

Robots (Unsplash/Sumaid pal Singh Bakshi/Modified by CoinDesk)

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Policy

U.S. SEC chief Atkins said bond with sister agency CFTC to include joint meetings, exams

The SEC chairman made clear that formal new ties between the U.S. markets regulators will run so deep as to include combined meetings with firms pitching products.

CFTC Chair Mike Selig (left) and SEC Chair Paul Atkins (Jesse Hamilton/CoinDesk)

Tech

Vitalik Buterin pushes ‘DVT-Lite’ to make Ethereum validator setup easier

In a post on X, the blockchain's co-founder said the Ethereum Foundation is testing a new method for running validators that could make staking infrastructure significantly easier for institutions holding large amounts of ether.

Vitalik Buterin speaking at ETHDenver in February 2022