Sam Reynolds

Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.

Sam Reynolds

Latest from Sam Reynolds


Policy

Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report

The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.

(Ruslan Bardash/Unsplash)

Policy

U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now

Sam Bankman-Fried moved to dismiss most of the charges brought against him last month.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Finance

Crypto Payment Processor Banq Files for Bankruptcy

Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner.

Court (Tingey Injury Law Firm/ Unsplash)

Markets

First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase

Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase; bitcoin trades flat as Asia equity markets open.

(Ruslan Bardash/Unsplash)

Markets

South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits

The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.

South Korea flag (Daniel Bernard/ Unsplash)

Markets

First Mover Asia: Binance's Exchange Flow Flips Positive; Bitcoin Trades Flat

ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase "mean regression."

(Danny Nelson/CoinDesk)

Markets

First Mover Asia: Here's Why Bitcoin's Support is Holding at $25K

These are challenging times for the crypto market, but bitcoin is holding firm.

(CoinDesk)

Policy

New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats

The House Financial Services Committee has released this year’s third draft of a stablecoin bill, meant to combine ideas from both parties in advance of a hearing next week.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)

Markets

Binance.US Suspends Use of Fiat as Legal Troubles Mount

The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in "extremely aggressive and intimidating tactics" against the company.

(Danny Nelson/CoinDesk)

Markets

First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout

ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year.

Bitcoin weekly chart (CoinDesk Indices)