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Sebastian Sinclair

Sebastian Sinclair

Sebastian Sinclair is the market and news reporter for CoinDesk operating in the South East Asia timezone. He has experience trading in the cryptocurrency markets, providing technical analysis and covering news developments affecting the movements on bitcoin and the industry as a whole. He currently holds no cryptocurrencies.

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Submarine Force Library and Museum, Thames River, Groton, Connecticut, USA. Home of the first nuclear submarine in the world, USS Nautilus. (Bob Smith on Unsplash)
Policy
Legal
US Nuclear Engineer, Wife Charged Over Sale of Naval Secrets for Crypto
The pair had received $100,000 in monero before they were arrested by the FBI and NCIS, according to the criminal complaint.
Submarine Force Library and Museum, Thames River, Groton, Connecticut, USA. Home of the first nuclear submarine in the world, USS Nautilus. (Bob Smith on Unsplash)
By Sebastian Sinclair
Oct 11, 2021 at 12:31 a.m. UTC
Oct 11, 2021
LegalLawFBIMonero
Lotus Tower, Colombo, Sri Lanka. (Christoph Theisinger on Unsplash)
Policy
Politics
Sri Lanka Government Forms Panel to Study Digital Banking, Blockchain for Attracting Investment
Anti-money laundering, terrorism financing and Know-Your-Customer processes will also fall under the committee’s study mandate.
Lotus Tower, Colombo, Sri Lanka. (Christoph Theisinger on Unsplash)
By Sebastian Sinclair
Oct 8, 2021 at 6:04 a.m. UTC
Oct 8, 2021
PoliticsPolicyBlockchainCrypto Mining
Sen. Cynthia Lummis. (Bloomberg/Getty Images)
Finance
Bitcoin
Pro-Crypto Senator Lummis Discloses Bitcoin Purchase Worth Up to $100K
Lummis executed her latest purchase on Aug. 16 from the brokerage firm River Financial, according to a filing on Thursday.
Sen. Cynthia Lummis. (Bloomberg/Getty Images)
By Sebastian Sinclair
Oct 8, 2021 at 1:24 a.m. UTC
Oct 8, 2021
BitcoinCynthia LummisCongress
Fireblocks co-founders (left to right) Idan Ofrat, Michael Shaulov, Pavel Berengoltz
Finance
Germany
One of Germany’s Oldest Banks Taps Fireblocks to Custody Customers’ Crypto
The bank will leverage Fireblocks’ custody technology in a bid to expand crypto services.
Fireblocks co-founders (left to right) Idan Ofrat, Michael Shaulov, Pavel Berengoltz
By Sebastian Sinclair
Oct 7, 2021 at 1:30 p.m. UTC
Oct 7, 2021
GermanyBankingCustodyFireblocks
CoinDesk placeholder image
Policy
Stablecoins
FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’
The international body said last year’s recommendations on global stablecoin regulation were still at an “early stage.”
CoinDesk placeholder image
By Sebastian Sinclair
Oct 7, 2021 at 7:00 a.m. UTC
Oct 7, 2021
StablecoinsFinancial Stability BoardRegulation
Jean-Marie Mognetti (Coinshares)
Finance
Coinshares
Swiss FlowBank to Open Crypto ‘Gateways’ Following $11.8M Investment from CoinShares
The Nasdaq-listed digital asset manager said it was offering its expertise for the bank to start building atop its technology stack.
Jean-Marie Mognetti (Coinshares)
By Sebastian Sinclair
Oct 7, 2021 at 5:00 a.m. UTC
Oct 7, 2021
CoinSharesBankingSwitzerlandCrypto
Sen. Pat Toomey
Policy
Regulation
A16z Recommends US Regulate Crypto With Decentralization in Mind
The venture capital firm makes four proposals to Congress.
Sen. Pat Toomey
By Sebastian Sinclair
Oct 6, 2021 at 8:58 p.m. UTC
Oct 6, 2021
RegulationBlockchainCryptoPolicyA16z
Binance CEO Changpeng Zhao. (Akio Kon/Bloomberg via Getty Images)
Finance
Binance
Binance Registers 3 More Firms in Ireland as Crypto Regulation Heats Up
The move follows mounting pressure on the exchange from regulators around the world.
Binance CEO Changpeng Zhao. (Akio Kon/Bloomberg via Getty Images)
By Sebastian Sinclair
Oct 6, 2021 at 4:15 a.m. UTC
Oct 6, 2021
BinanceIreland
(Jerome Favre/Bloomberg via Getty Images)
Finance
Hong kong
Hong Kong Monetary Authority Releases CBDC White Paper to Study Prospect of e-HKD
The city’s de facto central bank said its publication is the “first among similar papers” published by central banks to detail transaction traceability while preserving privac...
(Jerome Favre/Bloomberg via Getty Images)
By Sebastian Sinclair
Oct 5, 2021 at 6:41 a.m. UTC
Oct 5, 2021
Hong KongCBDCs
(Redcharlie on Unsplash)
Finance
Liquid
Blockstream’s Liquid Network Faces Delay in Processing as Transactions Begin to Stack Up
The network said funds are safe and unaffected.
(Redcharlie on Unsplash)
By Sebastian Sinclair
Oct 5, 2021 at 2:50 a.m. UTC
Oct 5, 2021
LiquidSidechainsBlockstreamBitcoin