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THE BLOCKCHAIN AND VIRTUAL CURRENCIES WORKING GROUP

The Blockchain and Virtual Currencies Working Group (WG) is a group of industry representatives; the WG is a member of the European Commission Payment Systems Market Expert Group (PSMEG) and is registered in the European Transparency register under number: 635727423661-17.

The Members of the Blockchain and Virtual Currencies Working Group (WG) adhere to the following Ethical Guidelines.

ABOUT US_DEF3

OUR MEMBERS

OUR AIMS

Educational/working with European regulators

We foster an industry-led conversation
We help to shape the regulation in a way that does not stifle innovation
We work with regulators; information sharing is fundamental to achieve balanced and forward looking regulation

To monitor

Which regulatory initiatives concern us?

To influence the EU regulators work

Can we help in drafting the content of such initiatives?

To advice internally on EU matters

Tool for each WG member General Counsel/ Compliance officer

OUR POSITIONING

Engage with:

The European Commission
The European Central Bank
The European Banking Authority
European Parliament
European Presidency of the Union
Key Member States Permanent Representations in the Council WG on Financial Services

In terms of AML policy:

EU AML rules shall be applied to digital currency exchange platforms equally
EU AML should not be applied to non-custodian software wallet providers
The WG wishes a risk based approach

Means:

Meetings with key EU regulators
Membership of the PSMEG (Payment Systems Market Expert Group)
Position papers on digital currencies and the blockchain addressed to the regulators

Regulation if appropriate can:

Increase the credibility of industry
Increase customer confidence
Allow for a level playing field

IN THE NEWS TODAY

European Commission launches public consultation on crypto-assets

European Commission launches public consultation on crypto-assets

Victor Chatenay2020-02-03T12:35:42+01:00December 19th, 2019|Tags: Crypto-assets, European Commission|

The European Commission has launched a public consultation on digitalisation in the financial sector. The first consultation seeks views [...]

Bank of Lithuania publishes analysis of Central Bank Digital Currency

Bank of Lithuania publishes analysis of Central Bank Digital Currency

Victor Chatenay2020-02-03T12:30:53+01:00December 10th, 2019|Tags: Bank of Lithuania, CBDC|

Bank of Lithuania has published a paper, entitled ‘CBDC: in a whirlpool of discussion’, which analyses design choices [...]

ECOFlN and Commission adopt Joint Statement on Stablecoins

ECOFlN and Commission adopt Joint Statement on Stablecoins

Victor Chatenay2020-02-03T12:36:31+01:00December 5th, 2019|Tags: ECOFIN, European Commission, Stablecoins|

The Economic and Financial Affairs Council (ECOFIN) has adopted a Joint Statement on Stablecoins, with the European Commission. [...]

FATF November Business Bulletin

FATF November Business Bulletin

Victor Chatenay2019-12-02T17:11:00+01:00November 4th, 2019|Tags: FATF, Stablecoin|

The FATF published their November Business Bulletin. It provides a brief update on the key outcomes from the [...]

IOSCO releases statement on study of emerging global stablecoin proposals

IOSCO releases statement on study of emerging global stablecoin proposals

Victor Chatenay2019-12-02T17:05:30+01:00November 4th, 2019|Tags: IOSCO, Stablecoin|

The International Organization of Securities Commissions (IOSCO) has releases a statement announcing that its Board met in Madrid, [...]

UK’s FCA announces AML/CTF regime for crypto-asset service providers

UK’s FCA announces AML/CTF regime for crypto-asset service providers

Victor Chatenay2019-12-02T17:53:57+01:00October 25th, 2019|Tags: Crypto-assets, FCA, Uk|

The UK’s Financial Conduct Authority (FCA) has issued a press release, announcing that, starting from 10 January 2020, [...]

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OUR TEAM

Monica MonacoFounder and Secretary General

Maxime BoonenMember (B2C2)

Jan VorndammeMember (Bitcoin.de)

Ivars Zukovskis

Ivars ZukovskisMember (BitFlyer)

Terence Gerrits

Terence GerritsMember (Koban)

Jouke Hofman

Jouke HofmanMember (Bitonic)

Nikola Péliová

Nikola PéliováMember (BitPay)

Vik Dua

Vik DuaMember (BitPay)

Patricia Risso

Patricia RissoMember (Bitso)

Felipe Vallejo Dabdoub

Felipe Vallejo DabdoubMember (Bitso)

Michel LeyersMember (Bitstamp)

Stephane Leloup

Stephane LeloupMember (Bitstamp)

Michael Gronager

Michael GronagerMember (Chainalysis)

Serhii Mokhniev

Serhii MokhnievMember (Cex.io)

Claire WellsMember (Circle)

Dmitrijus Borisenka

Dmitrijus BorisenkaMember (CoinGate)

Rytis Bieliauskas

Rytis BieliauskasMember (Coingate)

Nicolas Louvet

Nicolas LouvetMember (Coinhouse)

Brian O’Hagan

Brian O’HaganMember (Coinhouse)

Sandrine Lebeau

Sandrine LebeauMember (Coinhouse)

Hans Henrik Hoffmeyer

Hans Henrik HoffmeyerMember (Coinify)

Tom RobinsonMember (Elliptic)

David Carlisle

David CarlisleMember (Elliptic)

Amandine Doat

Amandine DoatMember (Ledger)

Anna Aviles

Anna AvilesMember (LocalBitcoins)

Lars BernhardMember (Nets)

Cristian Visti Larsen

Cristian Visti LarsenMember (NewBanking)

Pierre GerardMember (Scorechain)

DO YOU WISH TO CONTACT US? WE WOULD BE HAPPY TO HEAR FROM YOU

Contact us

Do you want to learn more about the Blockchain and Virtual Currencies Working Group? Please contact us!