MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

BIS holds a livestream event ahead of the opening of their european Innovation centres

December 10, 2021
in Crypto News
Reading Time: 2 mins read
A A
BIS holds a livestream event ahead of the opening of their european Innovation centres
ShareShareShareShareShare

The BIS Innovation Hub held a livestream event broadcasted from Basel and the premises of the BISIH Eurosystem Centre in Paris and Frankfurt, that precedes the opening of their BIS (Bank of International Settlements) Innovation Hub Eurosystem Centre. 

Christine Lagarde, President of the European Central Bank (ECB), shared her thoughts on how the new Innovation Hub could be transformed into a profit centre.

“I think that it will also give birth to a group of unicorns possibly,” said Lagarde. “That would actually pick up some of those ideas and develop them further and give them the scale that they need. And with the profit generated by the BIS Innovation Hub then we would be able to fuel scholarships or support for young researchers or young innovators that would continue populating this gigantic virtual radar screen on which everybody collaborates.”

Governor of the Banque de France, François Villeroy de Galhau also shared his thoughts on innovation in a decentralized market, noting:

“We have new players, many of them unregulated. We have new assets like crypto-assets or stablecoins. And we have possibly new market infrastructures (that are) decentralized. This is a challenge for us central banks. If we want to be up to the challenge, we must find the right mix of supervision, regulation, and yes, innovation. This is what the Innovation Hub is about, and you can rely on our full commitment.”

The BIS identifies critical trends in financial innovation that impacts central banking, and develops insights into how these technologies can improve the functioning of the global financial system. BIS Innovation hubs are currently  located in Hong Kong SAR, Singapore, Switzerland, London and Stockholm, and going forward has plans to form a strategic partnership with the Federal Reserve System in New York.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

ShareSendTweetPinShare
Previous Post

How a VR startup took the money and ran to the metaverse

Next Post

Crypto Regulations Should Be Comprehensive, Says IMF

Next Post
Crypto Regulations Should Be Comprehensive, Says IMF

Crypto Regulations Should Be Comprehensive, Says IMF

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Crypto NFT trader made $80,000 by investing $1000 in one day

Crypto NFT trader made $80,000 by investing $1000 in one day

August 12, 2022
PG&E warns customers of emerging scam campaign

PG&E warns customers of emerging scam campaign

August 10, 2022
MakerDAO Intends to Depeg DAI from USDC

MakerDAO Intends to Depeg DAI from USDC

August 12, 2022
India’s ED freezes $46 million of Vauld’s funds on money-laundering charges

India’s ED freezes $46 million of Vauld’s funds on money-laundering charges

August 12, 2022
Spanish Football Giants Barcelona and Real Madrid Seek Crypto Trademark Protection

Spanish Football Giants Barcelona and Real Madrid Seek Crypto Trademark Protection

August 12, 2022
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates – Regulation Bitcoin News
  • BNB/USD Price Analysis for 14th of August:  Binance Coin Bulls Are Tiring
  • Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 24,428.00 0.07%
  • ethereumEthereum (ETH) $ 1,982.62 1.26%
  • tetherTether (USDT) $ 1.00 0.06%
  • usd-coinUSD Coin (USDC) $ 1.00 0.01%
  • bnbBNB (BNB) $ 323.89 1.05%
  • cardanoCardano (ADA) $ 0.561815 3.69%
  • xrpXRP (XRP) $ 0.379059 0.43%
  • binance-usdBinance USD (BUSD) $ 1.00 0.07%
  • solanaSolana (SOL) $ 46.57 2.71%
  • polkadotPolkadot (DOT) $ 9.30 2%
  • dogecoinDogecoin (DOGE) $ 0.073125 0.81%
  • avalanche-2Avalanche (AVAX) $ 29.14 0.83%
  • staked-etherLido Staked Ether (STETH) $ 1,931.07 1.66%
  • matic-networkPolygon (MATIC) $ 1.03 9.73%
  • shiba-inuShiba Inu (SHIB) $ 0.000013 0.47%
  • daiDai (DAI) $ 1.00 0.06%
  • tronTRON (TRX) $ 0.070022 0.88%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 24,436.00 0.08%
  • ethereum-classicEthereum Classic (ETC) $ 43.83 0.15%
  • okbOKB (OKB) $ 21.88 4.15%
  • leo-tokenLEO Token (LEO) $ 4.88 1.84%
  • litecoinLitecoin (LTC) $ 63.78 1.25%
  • nearNEAR Protocol (NEAR) $ 5.87 2.07%
  • chainlinkChainlink (LINK) $ 9.13 2.25%
  • ftx-tokenFTX (FTT) $ 31.33 0.33%
  • uniswapUniswap (UNI) $ 9.00 2.56%
  • crypto-com-chainCronos (CRO) $ 0.154761 0.63%
  • cosmosCosmos Hub (ATOM) $ 11.92 1.43%
  • stellarStellar (XLM) $ 0.126936 0.22%
  • flowFlow (FLOW) $ 2.95 0.28%
  • moneroMonero (XMR) $ 165.99 0.04%
  • bitcoin-cashBitcoin Cash (BCH) $ 144.37 0.78%
  • algorandAlgorand (ALGO) $ 0.369697 0.83%
  • vechainVeChain (VET) $ 0.033009 1.38%
  • filecoinFilecoin (FIL) $ 8.33 4.85%
  • internet-computerInternet Computer (ICP) $ 8.19 2.72%
  • apecoinApeCoin (APE) $ 6.64 5.67%
  • decentralandDecentraland (MANA) $ 1.07 0.53%
  • chain-2Chain (XCN) $ 0.087283 0.19%
  • hedera-hashgraphHedera (HBAR) $ 0.081692 1.79%
  • the-sandboxThe Sandbox (SAND) $ 1.33 0.34%
  • axie-infinityAxie Infinity (AXS) $ 19.44 3.68%
  • tezosTezos (XTZ) $ 1.91 0.79%
  • quant-networkQuant (QNT) $ 126.46 1.49%
  • lido-daoLido DAO (LDO) $ 2.93 4.69%
  • celsius-degree-tokenCelsius Network (CEL) $ 3.87 28.51%
  • theta-tokenTheta Network (THETA) $ 1.59 2.47%
  • aaveAave (AAVE) $ 110.58 3.87%
  • elrond-erd-2Elrond (EGLD) $ 64.80 2.38%
  • fraxFrax (FRAX) $ 0.999589 0.25%