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

Crypto exchange Kraken freezes multibillion-dollar IPO plan due to difficult market conditions

Kraken's parent company filed a draft S-1 registration statement with the SEC in November regarding the proposed initial public offering of its common stock.

Kraken co-CEO Arjun Sethi (Paul Morigi/Getty Images for Semafor)

Finance

Bank of Korea adds two banks to digital won trials as real-world testing begins

Korea's central bank and nine commercial lenders started real-world testing of deposit tokens, including subsidy payments and peer-to-peer transfers.

Bank of Korea. (Credit: By Neoalpha-Wikimedia Commons/Modified by CoinDesk)

Finance

RedotPay executive turnover clouds crypto payments firm's $4 billion U.S. IPO ambition

The company's internal strain, including reports of required long working hours, is overshadowing its push for a U.S. listing.

Contactless payment via a mobile phone (Jonas Lupe/Unsplash/Modified by CoinDesk)

Policy

UK lawmakers urge ‘immediate moratorium’ on crypto political donations

The committee highlighted that the fast payment traits of crypto, along with tools like mixers, tumblers, and AI-assisted splitting of payments below the £500 reporting threshold.

UK Parliament Building and Big Ben, London, England (Ugur Akdemir/Unsplash, modified by CoinDesk)

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Markets

Bitcoin holds steady at $74,000 as traders turn cautious before Fed meeting

BTC consolidated with subdued volatility, while derivatives positioning and macro uncertainty signaled cautious market sentiment.

U.S. Federal Reserve headquarters (Jesse Hamilton/CoinDesk)

Markets

Bitcoin is stuck below $75,000 even after landmark SEC, CFTC crypto rules

Bitcoin remains stuck near key resistance around $75,000, leaving the broader market in limbo.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Policy

Vietnam pushes local crypto exchanges as Hanoi moves to block offshore trading: Reuters

The move aims to regulate the country's growing crypto market and restrict trading on foreign platforms.

Flags in Hanoi, Vietnam (Ajay Karpur/Unsplash/Modified by CoinDesk)

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Finance

Mastercard agrees to buy stablecoin platform BVNK for up to $1.8 billion

Payments giant Mastercard moves to bridge fiat and crypto with $1.8 billion acquisition of the U.K. based stablecoin startup.

Two Mastercard branded credit cards (Mastercard)

Finance

PayPal expands its stablecoin into 70 markets

The payments giant says the dollar-backed PYUSD token will enable cheaper cross-border transfers and faster settlement for merchants.

Paypal HQ