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.
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.