Riksbank will host Nordic fintech hub for BIS
Swedish parliament amends law governing central bank to finance BIS innovation hub in Stockholm
Sweden’s parliament voted on September 23 to change a law governing the Sveriges Riksbank that had prevented it from enabling the creation of an international fintech hub in the country.
The country will now be able to host one of the regional hubs run by the Bank for International Settlements. The Riksbank will run the hub together with the Danish, Norwegian and Icelandic central banks, all of which submitted a bid in March to establish the centre. In June, the BIS announced it would set up a
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