Homebcwg-admin2019-10-26T12:02:50+01:00

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

Germany unveils national blockchain strategy

Germany unveils national blockchain strategy

Victor Chatenay2019-10-04T10:49:47+01:00September 18th, 2019|Tags: Blockchain, Germany|

Germany has adopted a comprehensive blockchain strategy that outlines a policy framework for innovations based on blockchain technology. [...]

BIS publishes Working Paper on Embedded supervision: how to build regulation into blockchain finance

BIS publishes Working Paper on Embedded supervision: how to build regulation into blockchain finance

Victor Chatenay2019-10-04T10:37:45+01:00September 16th, 2019|Tags: BIS, Blockchain|

The Bank for International Settlements (BIS) has published a Working Paper explaining how blockchain-based financial markets may be [...]

OECD hosts second edition of the Global Blockchain Policy Forum

OECD hosts second edition of the Global Blockchain Policy Forum

Victor Chatenay2019-10-04T10:34:34+01:00September 12th, 2019|Tags: Blockchain, OECD|

The OECD hosted its second edition of the Global Blockchain Policy Forum. The aim of the Forum was [...]

FINMA publishes stablecoin guidelines

FINMA publishes stablecoin guidelines

Victor Chatenay2019-10-04T10:30:38+01:00September 11th, 2019|Tags: FINMA, Stablecoin, Switzerland|

Switzerland’s Financial Market Supervisory Authority (FINMA) has published a supplement to its ICO guidelines outlining how it treats [...]

Dutch Central Bank announces supervision of crypto firms

Dutch Central Bank announces supervision of crypto firms

Victor Chatenay2019-10-04T10:46:35+01:00September 3rd, 2019|Tags: 5AMLD, The Netherlands|

De Nederlandsche Bank (DNB) has announced that it will begin regulating firms offering services for the exchange between [...]

ECB publishes Occasional Paper on stablecoins

ECB publishes Occasional Paper on stablecoins

Victor Chatenay2019-10-04T10:42:54+01:00August 29th, 2019|Tags: ECB, Stablecoin|

The ECB has published an Occasional Paper entitled ‘In search for stability in crypto-assets: are stablecoins the solution?’. [...]

Load More Posts

OUR TEAM

Monica MonacoFounder and Secretary General

Maxime BoonenMember (B2C2)

Jan VorndammeMember (Bitcoin.de)

Ivars Zukovskis

Ivars ZukovskisMember (BitFlyer)

Terence Gerrits

Terence GerritsMember (Bitonic)

Constanze Grees

Constanze GreesMember (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)

Blair Halliday

Blair HallidayMember (Circle)

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!