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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 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
Meeting with European Member States National Supervisory Authorities and key Government Officials
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

Council of the European Union press release regarding the agreement on the Regulation on transfers of funds and certain crypto-assets (TFR)

Council of the European Union press release regarding the agreement on the Regulation on transfers of funds and certain crypto-assets (TFR)

Fabrizio Fabrizio2022-08-16T15:54:32+02:00June 29th, 2022|Tags: Council of the European Union, Crypto-assets, FATF, TFR|

On 29 June 2022, the Council of the European Union published a press release to announce that the [...]

European Supervisory Authorities’ (ESAs) Report on the withdrawal of authorisation for serious breaches of anti-money laundering/combating the financing of terrorism (AML/CFT) rules

European Supervisory Authorities’ (ESAs) Report on the withdrawal of authorisation for serious breaches of anti-money laundering/combating the financing of terrorism (AML/CFT) rules

Fabrizio Fabrizio2022-08-15T09:52:23+02:00June 1st, 2022|Tags: AML/CFT, MiCA Regulation, Report|

On 1 June 2022, the European Supervisory Authorities (the European Banking Authority - EBA, European Insurance and Occupational [...]

European Data Protection Board (EDPB) Letter to the European Union institutions on the protection in the anti-money laundering/combating the financing of terrorism (AML/CFT) legislative proposals

European Data Protection Board (EDPB) Letter to the European Union institutions on the protection in the anti-money laundering/combating the financing of terrorism (AML/CFT) legislative proposals

Fabrizio Fabrizio2022-08-15T09:51:49+02:00May 12th, 2022|Tags: AML/CFT, European Commission, European Parliament, European Union|

On 12 May 2022, the EDPB sent a letter to the European Union institutions (Commission, Council, European Parliament) [...]

European Commission Targeted Consultation on the review of the revised Payment Services Directive (PSD2)

European Commission Targeted Consultation on the review of the revised Payment Services Directive (PSD2)

Fabrizio Fabrizio2022-08-15T09:48:55+02:00May 10th, 2022|Tags: Crypto-assets, European Commission, MiCA Regulation|

On 10 May 2022, the European Commission’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG [...]

European Banking Authority (EBA) Final Report on the response to the non-bank lending request from the Call for Advice (CfA) on digital finance

European Banking Authority (EBA) Final Report on the response to the non-bank lending request from the Call for Advice (CfA) on digital finance

Fabrizio Fabrizio2022-08-15T09:48:04+02:00April 8th, 2022|Tags: Crypto-assets, Digital finance, EBA, MiCA Regulation|

On 8 April 2022, the EBA published a final report on non-bank lending in the EU. The report [...]

European Parliament ECON Committee Draft Onw-Initiative (INI) Report on the impact of new technologies on taxation: crypto and blockchain

European Parliament ECON Committee Draft Onw-Initiative (INI) Report on the impact of new technologies on taxation: crypto and blockchain

Fabrizio Fabrizio2022-08-16T16:05:28+02:00April 4th, 2022|Tags: Crypto-assets, DAC8, ECON, European Commission|

On 4 April 2022, the ECON Committee put together its draft INI report on the impact of new [...]

OUR TEAM

Monica Monaco

Monica MonacoSecretary

Niels Ploeger

Niels PloegerMember (Bitonic)

Dany Wieken

Dany WiekenMember (Bitonic)

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)

František Vinopal

František VinopalMember (ČKMA)

Adam Chvaja

Adam ChvajaMember (ČKMA)

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)

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!