CoinDesk: news on page 424

There'd Be No DLT Without Bitcoin, Says CFTC Chief

"It's important to remember that if there were no bitcoin, there would be no distributed ledger technology," Giancarlo told a U.S. Senate committee.

CFTC Chair: 'We're Used To' Volatile Assets Like Bitcoin

As might be expected, Tuesday's Senate hearing touched on cryptocurrencies' volatility. But the head of the CFTC put the matter in perspective.

SEC Chief Clayton: 'Every ICO I've Seen Is a Security'

Initial coin offerings were one of several subjects up for discussion during Tuesday's U.S. Senate hearing.

Economist Roubini: 'Crypto Crazies' Are 'Cyber Terrorists'

Noted economist Nouriel Roubini resumed his criticism of cryptocurrencies on Twitter Tuesday, calling the tech's enthusiasts "crypto-crazies."

Venezuela's Cryptocurrency Plans Draw Ire at US Senate Hearing

Venezuela's plan to launch a cryptocurrency came under fire from U.S. lawmakers on Tuesday in a hearing that saw discussion on domestic regulation.

New Regulation for Crypto? Senate Hearing Sees Debate

A hearing at the U.S. Senate Tuesday saw top lawmakers debate the need for new legislation to increase crypto industry oversight.

BIS Chief Slams Bitcoin As Ponzi Scheme and Threat to Central Banks

The head of the Bank for International Settlements has blasted bitcoin as "a bubble," "a Ponzi scheme" and an "environmental disaster."

Warren Buffet's Railroad Firm Joins Blockchain Alliance

A major U.S. freight railroad network operator owned by Warren Buffet's Berkshire Hathaway has joined the Blockchain in Transportation Alliance.

Taiwan Official: Government Should Prepare for Crypto Collapse

A senior official from Taiwan's executive branch has cautioned on the potential impact of cryptocurrencies on the island's financial stability.

Bitcoin's Price Has Nearly Unwound Its Futures Boost

Futures may have boosted bitcoin above $10k, but it appears that rally has all but unwound.

Sanctions Showdown Looms for US and Cryptocurrency

If OFAC turns its eye toward cryptocurrencies, it could be only a matter of time before it makes an example of one or more entities to send a message.

Singapore Lawmakers Question Prime Minister Over Crypto Regulation

Members of Singapore's parliament have asked if the government will reconsider the country's stance on cryptocurrency regulation.

Cryptocurrency Market Drops to Lowest Value Since November

The total value of all cryptocurrencies fell to $276 billion today – the lowest level since Nov. 26.

CFTC to Take 'Do No Harm' Approach on Crypto Regulation

The chairman of the U.S. Commodity Futures Trading Commission has spoken of the need for balance when regulating cryptocurrencies.

ICOs Are Already Changing Tech Startups You Know

Crypto tokens are making some companies, especially those with existing virtual currency businesses, rethink the way they make a profit.

Coinbase Confirms 4 Banks Blocking Bitcoin Credit Card Purchases

Coinbase has confirmed that users from four banks in the U.S. are now barred from buying cryptocurrencies using credit cards.

Bitcoin Slumps to 3-Month Low Below $6K

Bitcoin prices plunged to a 12-week low below $6,000 this morning, reporting double-digit percentage losses amid a continued crypto market sell-off.

Ex-PayPal President: Facebook Messenger Unlikely to Support Crypto

Facebook Messenger is unlikely to adopt cryptocurrencies soon, says vice president of messaging David Marcus.

Augur Ahead? One of the Oldest ICOs Is Almost Live

When Augur first goes live, it's going to invite everyone to break the protocol. But don't worry, it's all part of the plan.

Korean Exchange Halts Trading Over KYC Concerns

South Korea cryptocurrency exchange Coinpia has halted trading amid concerns it has been unable to comply with new government rules.