The Daily Dig for Wednesday, June 18

Today’s Daily Dig is about the signs proving an industry is hitting the mainstream: proposed government regulation, innovators ready to disrupt, and the sponsoring of a bowl game.

 

It’s official – Bitcoin’s in the mainstream now

Nothing screams mainstream corporate America like attaching your name to a bowl game.  Mark December 26 on your calendar and digest your turkey sandwiches while you enjoy the Bitcoin Bowl.  Don’t worry, it doesn’t replace the Orange or Fiesta Bowls, it takes over from previous sponsors Beef  ‘O’ Brady’s and Magic Jack.  Nermin Hajdarbegovic has the scoop.

Crowdfunding rules proposed in India…

The Securities and Exchange Board of India has proposed new rules to govern crowdfunding , including the mandate that all platforms must register with the authority. The Financial Express provides the details.

But not in Ireland 

While the Irish government recognizes the need to protect those engaged in non-traditional lending, there are no plans to expand regulations, writes Geoff Percival.

Crowdfunding needs to benefit the developing world

Crowdfunding lessens the impact of geographic isolation by making it easier to fund at a distance.  In this blog post from the Council for International Development, the author argues the definition of “crowd” needs to be extended to helping the developing world move forward.  Read more here.

Aussie techies seek to disrupt big banks

The heads of two of Australia’s most successful technology believe banking and financial services are the industry most primed for disruption.  Annual profits of nearly $30 billion don’t hurt either, write Misa Han and James Hutchinson.

Crowdnetic attracts big investors

Ross Perot Jr. and Anurag Jain have invested in Crowdnetic.  JD Alois has the details.

British big bank first across the pond to refer clients to P2P

Santander has agreed to refer clients to Funding Circle, weeks after a similar partnership between Lending Club and Union Bank was announced in the United States.  Jonathan Moules looks into the deal.

 

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