The post BIS inaugurates Toronto Innovation Centre with Bank of Canada appeared on BitcoinEthereumNews.com.

Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements. Update June 14 10:35 am UTC: This article has been updated to clarify the focus of the BIS Toronto Innovation Centre. The Bank of International Settlements (BIS) unveiled its new innovation hub in Canada in collaboration with the country’s central bank. On June 13, the international financial institution and the Bank of Canada (BOC) announced the inauguration of the BIS Toronto Innovation Centre, which will help further the BIS Innovation Hub’s work. The Toronto hub will explore the development of new technologies to promote inclusivity and efficiency in the financial system. Read more Source: https://cointelegraph.com/news/bis-canada-central-bank-toronto-innovation-hub

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Filed under: News - @ June 14, 2024 11:02 pm