Share this article
BIS Launches Innovation Hub With Nordic Central Banks Focusing on CBDCs
The launch of the Nordic hub marks the fifth BIS Innovation Hub Centre to be opened in the past two years.
Updated Sep 14, 2021, 1:12 p.m. Published Jun 16, 2021, 5:46 p.m.
The Bank for International Settlements (BIS) has launched a regional innovation hub in Scandinavia with four Nordic central banks focusing on central bank digital currencies, cybersecurity and "green" finance.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- BIS said Wednesday it has partnered with Danmarks Nationalbank, Central Bank of Iceland, Norges Bank and Sveriges Riksbank to launch the hub which will aim to advance its work on priority themes.
- The BIS has also launched hubs with the Bank of Canada in Toronto and the Bank of England in London as well as the European Central Bank in Frankfurt and Paris.
- The launch of the Nordic hub marks the fifth BIS Innovation Hub Centre to be opened in the past two years.
- The hubs focus on six areas including suptech and regtech, financial market infrastructures, CBDCs, open finance, cybersecurity, and green finance.
- Recently the BIS published a survey examining the possible cross-border use of CBDCs based on 50 central banks. About two-thirds of them are already experimenting with CBDC and conducting pilots, the BIS said.
Read more: BIS Survey Finds Central Banks Keen on Tourists, Non-Residents Using Upcoming CBDCs
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin gets 'base case' price target of $143,000 at Citigroup
The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.
What to know:
- Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
- Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
- The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
Top Stories
