Crypto Futures News 

Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm

“Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher” writes Joeri Cant for cointelegraph.com. The current chairman of the CFTC, Heath Tarbert, has called for “principles-based regulation” for cryptocurrencies.On Dec. 2, Reuters reported that Giancarlo in his new role at Willkie Farr & Gallagher will continue to focus on digital innovation in areas such as cryptocurrencies and blockchain.Another well-received comment by Giancarlo was that blockchain technology would have allowed for a “far faster,…

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What Companies That Are Good at Innovation Get Right

“At the model companies, innovation is a muscle that gets built up over the long haul” reports hbr.org. Unfortunately, at many companies, innovation is like a treadmill purchased in January: it represents an idealized future vision that is abandoned all too quickly.Like all companies in the survey, the model companies told us that they are acutely aware of their company’s demand for near-term results.This confidence springs from how they envision and enact that innovation strategy over the long-term.My company, Innovation Leader, fielded a survey earlier this year in collaboration with…

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World Ag Expo to include The Hemp Innovation Challenge

“To enter the Hemp Innovation Challenge, go online to www.hempinnovationchallenge.org/hemp-innovation-submission/” reports thebusinessjournal.com. Next year’s expo on Feb. 11-13, 2020, will include the event’s first Hemp Pavilion, as many people are getting into hemp farming and processing, as it no longer is illegal under federal law as is its close cousin, marijuana. Source: thebusinessjournal.com

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China postal savings bank ties up with Ant Financial on fintech innovation

“BEIJING (Reuters) – Postal Savings Bank of China (PSBC) , the state bank with the largest branch network, said it had signed a strategic cooperation agreement with fintech giant Ant Financial on Wednesday” writes Midwest Communications Inc for 95kqds.com. The pact with the Alibaba-backed financial firm will focus on areas such as digital payments, online lending, rural finance and corporate finance, the bank said in a statement sent to Reuters. The partners will also set up a joint lab to explore fintech innovations, and extend tie-ups in areas such as…

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Why the U.S. Innovation Ecosystem Is Slowing Down

“The data suggests that American innovation is sputtering: Productivity growth in the United States, which is powered by innovation, has been decelerating” reports hbr.org. Our research finds that the U.S. innovation ecosystem has splintered since the 1970s, with corporate and academic science pulling apart and making application of basic scientific discoveries more difficult.Research suggests that the U.S. innovation ecosystem has splintered since the 1970s, with corporate and academic science pulling apart and making application of basic scientific discoveries more difficult.The new innovation ecosystem has a great deal of promise. Source: hbr.org

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The Salesforce CIO who’s redefined what innovation means at the $142 billion software giant shares the mindset CEOs should adopt to find success in the digital age

“Our most successful customers stop thinking about just leveraging technology to sell better, and to reinvent the customer’s whole experience.”” writes Joe Williams for businessinsider.com. Similarly, top executives have two levers at their disposal to manage innovation — and increasingly neither is sufficient.The first is what Mulcahy describes as the “renovate” mindset, or the view that innovation is necessary to optimize operations and drive cost out of the system. Source: businessinsider.com

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Citi Ventures is betting on cars that pay their own bills, and its co-head of investing envisions a future where your devices make payments without you

“Payments data can give merchants insight into consumer behaviors, which can ultimately be used to target products and services to the right audiences” writes Shannen Balogh for businessinsider.com. Square started in physical point-of-sale products, and has since launched peer-to-peer transfer service Cash App and small business lending arm called Square Capital.Buzzy payments fintech Stripe, a Square competitor valued at $35 billion, launched their small business lending service in September. Source: businessinsider.com

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CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation

“He added that the CFTC is now considering how the basic aspects of principles-based regulation can be applied to crypto exchanges and clearinghouses” writes Helen Partz for cointelegraph.com. The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies.According to Tarbert, digital assets face unique operational risks such as fraud and hacks that could lead to theft or losses.Tarbert delivered his remarks on crypto regulation in an op-ed published on the CFTC website Nov. 19. Source: cointelegraph.com

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Why Constraints Are Good for Innovation

“For innovation projects requiring both breakthrough thinking and cross disciplinary collaboration, managers can balance and orchestrate constraints by loosening input and output constraints while tightening the process constraints” reports hbr.org. We reviewed 145 empirical studies on the effects of constraints on creativity and innovation, and found that individuals, teams, and organizations alike benefit from a healthy dose of constraints.Researchers reviewed 145 empirical studies on the effects of constraints on creativity and innovation, and found that individuals, teams, and organizations alike benefit from a healthy dose of constraints.Constraints can foster innovation…

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