{"id":23303,"date":"2014-08-19T16:00:25","date_gmt":"2014-08-19T20:00:25","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=23303"},"modified":"2024-06-06T18:39:12","modified_gmt":"2024-06-06T18:39:12","slug":"bitlicense-comments-coinbase-btc-china-and-radical-fm","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitlicense-comments-coinbase-btc-china-and-radical-fm","title":{"rendered":"BitLicense Comments, Coinbase, BTC China and Radical.FM"},"content":{"rendered":"

NEW YORK (InsideBitcoins) — From worldwide sources, these are the latest bitcoin and cryptocurrency industry developments\u00a0to cross our news desk:<\/p>\n

\n

The proposed BitLicense rules<\/strong> should exempt businesses \u201cthat store or transmit virtual currency and do nothing else,\u201d according to the Chamber of Digital Commerce<\/strong><\/a> in comments filed with New York Department of Financial Services (NYDFS). The Digital Chamber also maintained that the regs should not limit the freedom of virtual currency businesses to invest capital as they wish. The organization also said that the \u201cExisting Exchange Services\u201d exemption, as proposed, discriminates against non-New York City persons.<\/p>\n

The Chamber of Digital Commerce also endorsed an extension of the 45-day comment period \u201cto allow the industry more time to submit alternative proposals.\u201d<\/p>\n

\n

Coinbase<\/a> has acquired Blockr.io<\/strong>, a popular block explorer service, for an undisclosed amount. \u00a0Blockr.io parses the bitcoin blockchain and presents the data to users in an easy to read fashion.<\/p>\n

\u201cAs part of the acquisition, we’re able to welcome two of its exceptionally talented employees to the Coinbase team: software engineer Sa\u0161o Matejina<\/strong> and designer Samo Drole<\/strong>,\u201d a Coinbase release stated. \u201cThe pair recently moved from Slovenia to join our staff of 40 full-time employees here in San Francisco. Saso and Samo will be focused on continuing to make the Coinbase API the premier tool for developers who want to build on top of bitcoin. They’ll also work on building out Coinbase’s own bitcoin node.\u201d<\/p>\n

\n

BTC China<\/strong><\/a> has launched the latest version of its iOS app, Mobile Exchange 2.0<\/strong> with \u201call the features currently present in its cross-platform\u00a0HTML5-based offering,\u201d which was released in late July. It is the first mobile app offered by a Chinese exchange to allow its users to trade in three trading pairs: BTC\/CNY, LTC\/CNY and LTC\/BTC.<\/p>\n

An iOS version of BTC China\u2019s wallet and person-to-person bitcoin trading app, Picasso, is also awaiting approval by Apple. Both iOS apps are available in ten languages.<\/p>\n

The company also reduced the fee<\/strong> for sending bitcoin to an external address from a user\u2019s Picasso wallet — from\u00a00.0005 BTC down to 0.0001 BTC per transaction.<\/p>\n

\n

Radical.FM<\/strong>, an ad-free music service, has begun accepting Bitcoin donations<\/strong> through payments service provider BitPay. Donations will help the service continue to offer its 25-million-song library commercial-free.<\/p>\n

\u201cBitcoin is redefining currency for the Digital Age just as Radical.FM is redefining radio.\u201d said CEO Tom McAlevey in a release. \u201cSo for Radical to pioneer Bitcoin acceptance in the streaming industry was a no-brainer, and BitPay is an experienced partner, secure, and well suited for making online donations.\u201d<\/p>\n

The company claims that, unlike \u201ctypical tech and algorithm-heavy online radio services, Radical.FM is programmed by hand, by human beings.\u201d<\/p>\n

\n

To submit an item, send via email\u00a0to Editor@InsideBitcoins.com<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK (InsideBitcoins) — From worldwide sources, these are the latest bitcoin and cryptocurrency industry developments\u00a0to cross our news desk: The proposed BitLicense rules should […]<\/a><\/div>","protected":false},"author":33,"featured_media":23174,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[5174],"class_list":["post-23303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-bitcoin-news-briefs-2"],"acf":[],"yoast_head":"\nBitLicense Comments, Coinbase, BTC China and Radical.FM - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"The Digital Chamber maintained that the regs should not limit the freedom of virtual currency businesses to invest capital as they wish.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BitLicense Comments, Coinbase, BTC China and Radical.FM\" \/>\n<meta property=\"og:description\" content=\"The Digital Chamber maintained that the regs should not limit the freedom of virtual currency businesses to invest capital as they wish.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-19T20:00:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-06T18:39:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2014\/08\/IB-BitcoinBriefs1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Inside Bitcoins\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Inside Bitcoins\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303\"},\"author\":{\"name\":\"Inside Bitcoins\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/f4ec76e852e4135c7bff016b5aaadeed\"},\"headline\":\"BitLicense Comments, Coinbase, BTC China and Radical.FM\",\"datePublished\":\"2014-08-19T20:00:25+00:00\",\"dateModified\":\"2024-06-06T18:39:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303\"},\"wordCount\":474,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2014\/08\/IB-BitcoinBriefs1.jpg\",\"keywords\":[\"bitcoin news briefs\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303#respond\"]}],\"copyrightYear\":\"2014\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/23303\",\"name\":\"BitLicense Comments, Coinbase, BTC China and Radical.FM - 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