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


Finance

Nigel Farage takes 6% stake in UK bitcoin treasury firm Stack BTC

Reform UK leader backs London-listed company chaired by former Chancellor Kwasi Kwarteng as it expands bitcoin strategy.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Policy

Clarity Act will benefit banks more than crypto, former CFTC chair says

Former CFTC Chair Christopher Giancarlo says banks, more than crypto firms, need the stalled Digital Asset Market Clarity Act.

J. Christopher Giancarlo, Former Chairman, U.S. Commodity Futures Trading Commission, Willkie Farr & Gallagher (Shutterstock/CoinDesk)

Policy

Coinbase says new U.S. tax-reporting rules for crypto are cluttered, confusing

The IRS’s 1099-DA tax form for reporting digital asset gains comes with a burden of over-reporting, Coinbase's tax experts warned.

Coinbase app on a mobile phone screen (appshunter.io/Unsplash/Modified by CoinDesk)

Policy

Binance tells Senate probe no accounts sent crypto directly to Iran

Crypto exchange pushed back on $1.7 billion Iran-linked flow allegations and called media reports behind the probe “defamatory.”

Richard Teng, CEO, Binance. (CoinDesk/Personae Digital)

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Finance

Kazakhstan central bank to invest $350 million worth of gold, forex reserves into digital assets

The central bank plans to invest in crypto infrastructure firms, tech stocks and funds tied to digital assets.

Astana, Kazakhstan (Credit: Viktor Hesse on Unsplash/Modified by CoinDesk)

Markets

Bitcoin extends decline from $74,000, derivatives data point to cautious positioning

BTC traded just above $70,000 as Middle East tensions drove oil higher and traders reassessed inflation in advance of the U.S. jobs report due later Friday.

Dollar bills (Credit: Vladimir Solomianyi on Unsplash/Modified by CoinDesk)

Finance

Bank of Canada, country’s largest banks complete first tokenized bond trial

Project Samara will continue to test issuing, trading and settling bonds using digital Canadian dollars on a distributed ledger.

Bank of Canada (By Colin Rose-Wikimedia Commons/Modified by Coindesk)

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Markets

Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war

Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches.

North Sea oil rig.

Policy

Dubai crypto regulator says KuCoin exchange is operating without proper license and must stop

The VARA alert comes just a couple of weeks after Austria's financial regulator prohibited the European arm of KuCoin from conducting new business.

(Shutterstock)