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Homebcwg-admin2025-10-24T16:55:41+02:00

THE BLOCKCHAIN AND VIRTUAL CURRENCIES WORKING GROUP

The Blockchain and Virtual Currencies Working Group (WG) is a group of industry representatives; the WG is 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

Amdax

Bitpace

BitPay

Bitrefill

Bitvavo

BVNK

CryptoProcessing

Zodia custody

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

EBA launch of its public consultation on draft RTS with criteria to appoint a central contact point to strengthen the fight against money-laundering and terrorism financing, 4 December 2024

EBA launch of its public consultation on draft RTS with criteria to appoint a central contact point to strengthen the fight against money-laundering and terrorism financing, 4 December 2024

bcwg-admin2025-01-13T17:56:05+01:00December 4th, 2024|Tags: AML/CFT, CASPs, Central contact point, Consultation Paper, Draft RTS, EBA, Public consultation|

On the 4th of December 2024, the European Banking Authority launched a public consultation on draft Regulatory Technical [...]

ESAs publication of their joint statement on DORA application, 4 December 2024

ESAs publication of their joint statement on DORA application, 4 December 2024

bcwg-admin2025-01-14T17:20:48+01:00December 4th, 2024|Tags: DORA, EBA, EIOPA, ESAs, ESMA, Joint statement|

On the 4th of December 2024, the three European Supervisory Authorities (the European Banking Authority, the European Insurance [...]

ESAs publication of a Decision on relevant information for the designation of critical ICT third-party service providers (CTPPs) under DORA, 15 November 2024

ESAs publication of a Decision on relevant information for the designation of critical ICT third-party service providers (CTPPs) under DORA, 15 November 2024

bcwg-admin2024-11-26T15:58:53+01:00November 15th, 2024|Tags: CTPPs, Decision, DORA, EBA, EIOPA, ESAs, ESMA, Registers of information, Reporting technical package, Validation rules|

On 15 November 2024, the European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions [...]

EIOPA publication of its Opinion on the impact of increased size thresholds as part of the Solvency II Review on insurance undertakings in the scope of DORA, 15 November 2024

EIOPA publication of its Opinion on the impact of increased size thresholds as part of the Solvency II Review on insurance undertakings in the scope of DORA, 15 November 2024

bcwg-admin2024-11-25T11:22:32+01:00November 15th, 2024|Tags: DORA, EIOPA, Insurance undertakings, Opinion, Size thresholds, Solvency II Directive, Solvency II Review|

On 15 November 2024, the European Insurance and Occupational Pensions Authority (EIOPA) published its Opinion on the impact [...]

EBA publication of its final Guidelines on policies, procedures and controls to ensure the implementation of EU and national sanctions, 14 November 2024

EBA publication of its final Guidelines on policies, procedures and controls to ensure the implementation of EU and national sanctions, 14 November 2024

bcwg-admin2024-11-22T10:33:19+01:00November 14th, 2024|Tags: Compliance, EBA, Governance Arrangements, Guidelines, Restrictive Measures, Sanctions|

On 14 November 2024, the European Banking Authority (EBA) published two sets of final Guidelines establishing common EU [...]

EIOPA launch of a public consultation on its draft technical advice on standard formula capital requirements for investments in crypto assets, 24 October 2024

EIOPA launch of a public consultation on its draft technical advice on standard formula capital requirements for investments in crypto assets, 24 October 2024

bcwg-admin2024-11-19T12:46:01+01:00October 24th, 2024|Tags: ARTs, Consultation Paper, Draft Technical Advice, EIOPA, EMTs, Public consultation, Solvency II Directive, Standard formula capital requirements|

On 24 October 2024, the European Insurance and Occupational Pensions Authority (EIOPA), in response to the European Commission’s [...]

OUR TEAM

Monica Monaco

Monica MonacoSecretary

Mauro Lorenzo Halve

Mauro Lorenzo HalveMember (Amdax)

Dany Wieken

Dany WiekenMember (Bitonic)

Natalia Posada

Natalia PosadaMember (Bitpace)

Anjela Kalenova

Anjela KalenovaMember (Bitpace)

Alisa Komarova

Alisa KomarovaMember (BitPay)

Themistokis Klapadakis

Themistokis KlapadakisMember (BitPay)

Momchil Tsvetkov

Momchil TsvetkovMember (BitPay)

Aart Jan Thomas de Jong

Aart Jan Thomas de JongMember (BitPay)

Jonathan Arler

Jonathan ArlerMember (BitPay)

João Marecos

João MarecosMember (Bitrefill)

Helen Beijaard

Helen BeijaardMember (Bitvavo)

Ivars Zukovskis

Ivars ZukovskisMember (BVNK)

Benjamin Buergi

Benjamin BuergiMember (Cardano Foundation)

Nicolas Jacquemart

Nicolas JacquemartMember (Cardano Foundation)

Dmitrijus Borisenka

Dmitrijus BorisenkaMember (CoinGate)

Dovile Marcikoniene

Dovile MarcikonieneMember (CoinGate)

Luc Smits van Oyen

Luc Smits van OyenMember (Coinmerce)

Nikola Peliova

Nikola PeliovaMember (Coinmerce)

Max Krupyshev

Max KrupyshevMember (CryptoProcessing)

Violaine Champetier de Ribes

Violaine Champetier de RibesMember (CoinsPaid - CryptoProcessing)

Valentyna Savchuk

Valentyna SavchukMember (Cryptopay)

Maria Akulenko

Maria AkulenkoMember (Cryptopay)

Dimitrij Gede

Dimitrij GedeMember (Cryptopay)

Jem Tatar

Jem TatarMember (Zodia Custody)

Paul de Ruiter

Paul de RuiterMember (Zodia Custody)

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!