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Dan Cummings

Writer, ETHNews | dcummings@ethnews.com

Dan is a Los Angeles-based musician, writer, and veteran passionate about science and technology, current events, human rights, economic impacts, and strategic calculus.
NEWS
world

Japan Ends Consumption Tax On Cryptocurrencies

Jul 3rd, 2017
Dan Cummings
Japan’s end on consumption tax furthers the country’s overall agenda.
NEWS
world

South Korea Will Introduce Legislation To Legalize Cryptocurrencies

Jul 3rd, 2017
Dan Cummings
The South Korean government is expected to consider legislation that is intended to increase consumer trust in cryptocurrencies.
NEWS
world

Blockchain Federal Association Established In Germany

Jun 30th, 2017
Dan Cummings
The German Blockchain Federal Association will propose a pro-blockchain political agenda to the succeeding German government body in order to encourage innovation within the country’s economy.
NEWS
business and finance

Seven Major Banks Select IBM For Digital Trade Chain

Jun 30th, 2017
Dan Cummings
Seven banks have agreed to use the Hyperledger for their global trade finance platform.
NEWS
business and finance

CFTC Chairman Recommends Increased Budget For FinTech

Jun 29th, 2017
Dan Cummings
CFTC acting Chairman J. Christopher Giancarlo has requested an increased budget in order for the Commission to capitalize on digital innovations such as blockchain technology.
NEWS
world

India Looks To Blockchain For E-Governance

Jun 28th, 2017
Dan Cummings
Two states within the country of India will be integrating blockchain technology into their governance.
NEWS
business and finance

Chinese Government Declares FinTech Development Plan

Jun 27th, 2017
Dan Cummings
The Chinese government has stated it is revamping the country’s financial information infrastructure. Was this decision influenced by actions recently taken by the HKMA?
NEWS
world

Japan and Australia Enter Into FinTech Agreement

Jun 26th, 2017
Dan Cummings
Japanese and Australian authorities have announced a cooperative effort to boost innovation in the financial services industries in both countries.
NEWS
wallets and exchanges

London FinTech Startup Blockchain Raises $40 Million From Lakestar, GV, And Others

Jun 23rd, 2017
Dan Cummings
Blockchain has raised $40 million in Series B funding from a number of high-profile investors, including Lakestar, GV, and Richard Branson. The company plans to use the money for expansion as well as research and development.
NEWS
business and finance

Porsche Announces Innovation Contest Winner

Jun 22nd, 2017
Dan Cummings
Porsche will be collaborating with startup Xian AG to integrate blockchain technology into its platform.
NEWS
business and finance

EY Launches Blockchain Financial Services Center In New York

Jun 21st, 2017
Dan Cummings
Multinational professional service firm EY has announced that it’s launching a financial service innovation center to bolster the industry's growth in New York.
NEWS
world

Indian Regulators May Soon Compromise On Virtual Currency

Jun 20th, 2017
Dan Cummings
Indian regulators from the newly formed virtual currency committee will meet to discuss the fate of virtual currencies within the week.
NEWS
world

Central Bank of Samoa Issues Warning Against Digital Currency Scams

Jun 19th, 2017
Dan Cummings
The Central Bank of Samoa’s most recent statement against digital currency “get-rich-quick schemes” is reflective of an ongoing issue across a number of countries gaining familiarity with the technology. However, skepticism could be the catalyst to enable appropriate regulations.
technology

ISACA Praises Blockchain Technology

Jun 16th, 2017
Dan Cummings
ISACA believes that blockchain technology can have a significant impact on the corporate world.
world

Monex Group: Virtual Currency Investments Are In The Minority

Jun 16th, 2017
Dan Cummings
Financial services company Monex Group has released a survey revealing that the percentage of virtual currency investments is low in some of the world’s leading economies.
NEWS
business and finance

FCA Provides Update On Regulatory Sandbox

Jun 15th, 2017
Dan Cummings
The FCA has revealed which companies will be admitted into the second cohort of its regulatory sandbox.
NEWS
world

Australia Rejects Double Taxation On Digital Currencies After July 1, 2017

Jun 14th, 2017
Dan Cummings
The Government of Australia has announced it is taking steps to become a global financial services leader by loosening a number of policy standards. One includes removing the double tax that currently implemented on digital currencies.
NEWS
world

HKMA Sees Potential In DLT For FinTech

Jun 14th, 2017
Dan Cummings
HKMA CEO Norman Chan has released a statement highlighting that distributed ledger technology could help the region to gain a competitive edge in the financial services industry.
NEWS
law and legislation

IDFPR Finds Digital Currencies Are Not Considered Money

Jun 13th, 2017
Dan Cummings
The IDFPR has submitted its final guidance on digital currencies as they pertain to the Illinois Transmitters of Money Act.
NEWS
world

European Commission Announces Nonfinancial Blockchain Initiative

Jun 13th, 2017
Dan Cummings
The Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs together with the European Commission’s Joint Research Center have announced the launching of the #Blockchain4EU initiative to develop industrial use cases for blockchain and DLT.