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


Policy

ECB President Christine Lagarde intervened to block Binance’s EU MiCA license: WSJ

Although the ECB holds no formal licensing authority under MiCA, high-level intervention led Greece to stall an application that regulators had previously deemed complete, the Journal said.

ECB President Christine Lagarde. (Felix Schmidt/ECB Press)

Markets

Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade

Starknet and arbitrum gained more than 17% while the 10-year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.

Altcoins lead the way (CoinDesk data)

Markets

SBI Group backs payments firm dtcpay in $25 million funding round

Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group.

Map of the world superimposed over two people clasping hands.

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Policy

UK signals end of 'light-touch' era with multi-agency raid on peer-to-peer crypto hubs

Increased enforcement coincides with detailed regulatory guidance issued to crypto firms ahead of the full framework taking effect in late 2027.

The FCA offices in London. (FCA/Media)

Policy

Clarity Act failure may hamper U.S. crypto as industry seeks legal clarity elsewhere

The U.S. is likely to lose out to foreign markets in the short term, but SEC and CFTC rules will help underpin the industry.

Capitol in Washington, D.C. (Harold Mendoza/Unsplash)

Finance

Zcash miner Fortitude names former Hut 8 chief Jaime Leverton CEO ahead of Nasdaq deal

Leverton will lead the DCG-owned mining company as it pursues a public listing through its proposed merger with HeartSciences.

ASIC mining rigs (Winston Chen/Unsplash)


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Markets

Crypto rallies through the Fed's first rate increase since 2023

Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike. Zcash jumped 23% to a record after Paradigm disclosed a stake.

Zcash leads altcoin rally (CoinDesk data)

Markets

Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid

Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.

Payward and Kraken co-CEO Arjun Sethi.