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Your Daily Bitcoin News

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October 28, 2017 | $5,697.25

South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door Sales

South Korea is moving forward with a bill to regulate cryptocurrencies. According to the country's Ministry of Justice, the bill will primarily focus on cracking down criminal activities including crimes perpetuated through multi-level and door-to-door sales.

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Bitcoin Goes UK Chic, Juliettes Interiors First Luxury Retailer to Accept Cryptocurrency

Juliettes Interiors, a London-based luxury retailer in the United Kingdom (UK), announced it will accept the world's most popular cryptocurrency, bitcoin. Juliette Thomas, the company's founder and Director, forecasts, "I realise we stand alone in our sector at the moment but, within 18 months, I think [bitcoin] will be a part of everyday life."

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Palm Beach Group Reveals $1 Million Bitcoin Giveaway

U.S.-based financial research and publishing firm Palm Beach Group has announced that it will be conducting a $1 million bitcoin giveaway in coming days. The giveaway will be conducted as part of a week-long free training event which will be hosted by Palm Beach Group's Teeka Tiwari from October 26th onward.

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Kansas Governmental Ethics Commission Forbids Bitcoin Campaign Donations To Politicians

Kansas Governmental Ethics Commission (GEC) enforces campaign financing laws in the state. After a local politician asked the GEC for guidance on the issue last week, its new Executive Director announced that bitcoin is "too secretive" to permit Kansas office holders, potential and incumbent, to accept the world's most popular cryptocurrency.  

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Coinbase Offers $50,000 Hack the World Bug Bounty

Coinbase, one of the world's largest cryptocurrency exchanges, announced it will actively participate in Hackerone's "Hack the World" project, offering 50,000 USD for a first-place remote code execution. It's the company's effort to extend its bug bounty program in hopes of remaining "top-of-[the]-market" with regard to security.

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