The Bank for International Settlements’ (BIS) expansion will allow Innovation Hub to spur central bank work across multiple fintech pillars. In the next two years, the BIS will open centres in collaboration with the Bank of Canada, the Bank of England, the European Central Bank/Eurosystem, and four Nordic central banks (Danmarks Nationalbank, the Central Bank of Iceland, the Central Bank of Norway and Sveriges Riksbank). The BIS will also form a strategic partnership with the Federal Reserve System (New York).
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