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Homebcwg-admin2025-01-14T08:23:34+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 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

CryptoProcessing

Keyrock

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

ESMA publication of its list of grandfathering periods decided by Member States under MiCAR, 10 December 2024

ESMA publication of its list of grandfathering periods decided by Member States under MiCAR, 10 December 2024

bcwg-admin2025-01-15T17:17:43+01:00December 10th, 2024|Tags: CASPs, ESMA, Grandfathering periods, MiCAR|

On the 10th of December 2024, the European Securities and Markets Authority published the list of grandfathering periods [...]

ESAs Publication of Joint Guidelines to facilitate consistency in the regulatory classification of crypto-assets under MiCAR, 10 December 2024

ESAs Publication of Joint Guidelines to facilitate consistency in the regulatory classification of crypto-assets under MiCAR, 10 December 2024

bcwg-admin2024-12-17T12:45:05+01:00December 10th, 2024|Tags: Crypto-assets, EBA, EIOPA, ESAs, ESMA, Joint Guidelines, MiCAR, Regulatory classification|

On 10 December 2024, the three European Supervisory Authorities (the European Banking Authority, the European Insurance and Occupational Pensions [...]

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 [...]

OUR TEAM

Monica Monaco

Monica MonacoSecretary

Mauro Lorenzo Halve

Mauro Lorenzo HalveMember (Amdax)

Bram Ceelen

Bram CeelenMember (Anycoin Direct)

Giovanni Paolo Goeloe

Giovanni Paolo GoeloeMember (Anycoin Direct)

Rebecca Rogers

Rebecca RogersMember (B2C2)

Jenna Silta-Mattila

Jenna Silta-MattilaMember (BitFlyer)

Dany Wieken

Dany WiekenMember (Bitonic)

Natalia Posada

Natalia PosadaMember (Bitpace)

Anjela Kalenova

Anjela KalenovaMember (Bitpace)

Alisa Komarova

Alisa KomarovaMember (BitPay)

Robert Donovan

Robert DonovanMember (BitPay)

Themistokis Klapadakis

Themistokis KlapadakisMember (BitPay)

Momchil Tsvetkov

Momchil TsvetkovMember (BitPay)

João Marecos

João MarecosMember (Bitrefill)

Janez Kravcar

Janez KravcarMember (Bitstamp)

Eva Vučko

Eva VučkoMember (Bitstamp)

Mark Nuvelstijn

Mark NuvelstijnMember (Bitvavo)

Helen Beijaard

Helen BeijaardMember (Bitvavo)

Dmitrijus Borisenka

Dmitrijus BorisenkaMember (CoinGate)

Dovile Marcikoniene

Dovile MarcikonieneMember (CoinGate)

Hans Henrik Hoffmeyer

Hans Henrik HoffmeyerMember (Coinify)

Francesco Fantinelli

Francesco Fantinelli Member (Coinify)

Thilunee Kathiragamanathan

Thilunee KathiragamanathanMember (Coinify)

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)

Stephan Ishankhanov

Stephan IshankhanovMember (Cryptopay)

Kevin de Patoul

Kevin de PatoulMember (Keyrock)

Laura Chaput

Laura ChaputMember (Keyrock)

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!