BIS opens new innovation hub in Europe focussing on decentralised finance, wholesale CBDC, cyber security and green finance
The Bank for International Settlements has opened a new innovation hub in Europe on 28th March, with offices in Paris and Frankfurt the hub is supported and hosted by the Deutsche Bundesbank and the Banque de France.
The European Central Bank will coordinate the interactions of the Eurosystem with the Centre. The Centre’s project focus areas will be decentralised finance, wholesale CBDC, cyber security and green finance.
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