Sheldon Reback

Regional Head of Europe

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.

Latest from Sheldon Reback

Markets

Bitcoin Traders Shrug Off U.S. SEC's Action Against Binance, Coinbase

Implied volatility metrics show no signs of panic after the SEC's filed lawsuits against the two cryptocurrency exchanges.

Jun 8, 2023

Policy

Social Media Targeted in EU Consumer Group Complaint About Crypto Ads

BEUC wants Instagram, YouTube, TikTok and Twitter to prohibit influencers from promoting crypto.

Jun 8, 2023

Consumer lobby BEUC is worried about misleading social media crypto ads. (Anna/Pixabay)

Policy

Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection

If successful, it wouldn’t be the first time the state has scuppered a crypto bankruptcy proposal.

Jun 8, 2023

Bittrex filed for bankruptcy in the U.S. (Marco Verch/Flickr)

Policy

Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint

A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.

Jun 7, 2023

Kim Kardashian. (James Devaney/GC Images/Getty)

Policy

Crypto Tokens' Status as Securities or Commodities Is Key to SEC's Binance, Coinbase Suits: Bernstein

Regulation of the industry has become a political debate and a turf battle between the SEC and CFTC, the report said.

Jun 7, 2023

Tech

Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet

The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday.

Jun 7, 2023

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Policy

U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules

Congressmen Brad Sherman and Stephen Lynch called the industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations on reporting requirements.

Jun 7, 2023

U.S. Rep. Brad Sherman (House Financial Services Committee)

Markets

Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling

The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares.

Jun 7, 2023

Ark Invest's Cathie Woods (Danny Nelson/CoinDesk)

Markets

Coinbase Shares Slump After SEC Files Suit Against Company

Major shareholders include Vanguard Group, Cathie Wood’s ARK Invest, Nikko Asset Management, Fidelity and BlackRock.

Jun 6, 2023

COIN slid Tuesday following a suit by the SEC against Coinbase. (TradingView)

Finance

Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding

Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."

Jun 6, 2023