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Your Daily Bitcoin News

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Your Daily Bitcoin News

Read the latest Bitcoin News tailored for your interests, with selected stories from Bitcoin.com News.
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October 12, 2017 | $5,195.65
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Swedish Officials Settle First Debt in Bitcoin

Swedish officials with the Swedish Enforcement Authority has settled a debt with bitcoin. This is the first time the enforcement agency in the country accepted bitcoin as payment rendered for debt owed to the State. 

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Putin Confirms Russia Will Regulate Cryptocurrencies

Following the meeting with Vladimir Putin, Russian regulators announced that cryptocurrencies will officially be regulated in Russia. The central bank and the finance ministry will now work together to come up with one draft law to provide a basic regulatory framework for cryptocurrencies including bitcoin, which is expected by the year's end.

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Users Can Now Store and Exchange Bitcoin Cash Via the Blockchain Wallet

On October 11 the cryptocurrency based multi-service provider, Blockchain, announced the company is now allowing access to Bitcoin Cash using the company's wallet service.

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SEC Unprepared for Bitcoin, Applications Denied and Withdrawn as a Result

The Securities and Exchange Commission (SEC) is the U.S.'s independent exchange gatekeeper: without its blessing mainstream trading is not possible. It continues to frustrate would-be bitcoin exchange applicants who are now withdrawing. Even its former head has doubts about the SEC's competence when it comes to bitcoin.

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Bitcoin.org Publishes List Against Businesses and Miners Supporting the 2X Fork

On October 11, the web portal Bitcoin.org published its controversial hard fork warning update that contains a list of companies and services that have pledged to support the Segwit2x hard fork this November. The website operators believe the 2MB fork is not supported by the majority of users and developers within the bitcoin ecosystem, and therefore consider the Segwit2x project a shift towards an incompatible "altcoin."

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South Korean Payment App Toss to Add Bitcoin Transactions

Former South Korean dentist hoped to smooth payment transactions. He stopped pulling teeth, and began working on a solution. His eighth iteration became Toss, a way to send and receive money peer-to-peer (P2P). Its next step includes bitcoin and even real estate transactions. 

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The Bitcoin Gold Project Responds to Negative Criticism

Just recently news.Bitcoin.com reported on the alleged hard fork project, Bitcoin Gold, that's supposedly scheduled to take place on October 25. We also investigated the project further, while asking the lead developer some questions concerning this proposed fork. Now with only fifteen days left until the team tries to fork the bitcoin protocol, individuals continue to find sketchy aspects about the project making bitcoin proponents everywhere skeptical.

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Japan Emerges as the World's Foremost Hotbed of Bitcoin Trading

Japan has emerged as the largest market for bitcoin trading by volume. This represents a shift from the market dominance controlled by China as a result of the Chinese government blanket banning exchange platforms. Japan, along with South Korea to some extent, now represent major hubs of crypto-finance across the globe. 

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Cambodia's First Bitcoin Point-of-Sale System Debuts Amid Currency Debate

Expats living in The Kingdom of Cambodia bring the country one step closer toward broader bitcoin adoption with a Point-of-Sale (PoS) merchant gateway. 

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Panama City Strip Mall Merchants Embrace Bitcoin Customers

Last month news.Bitcoin.com reported on the grand opening of the Panama Blockchain Embassy, located at the Balboa Boutiques strip mall in Panama City. This week Jorge Farias, the founder of the digital assets provider, Cryptobuyer, has announced the company is persuading the entire strip mall's merchants to accept bitcoin and so far the startup has been very successful.

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