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Homebcwg-admin2025-12-02T19:44:23+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

BVNK

ckma

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 consults on draft RTS setting up an AML/CFT central database

EBA consults on draft RTS setting up an AML/CFT central database

bcwg-admin2021-05-28T12:04:45+02:00May 6th, 2021|Tags: AML/CFT, EBA|

The European Banking Authority (EBA) has launched a public consultation on draft Regulatory Technical Standards (RTS) setting up [...]

Bank of Italy and CONSOB jointly warn against risks inherent in crypto-assets

Bank of Italy and CONSOB jointly warn against risks inherent in crypto-assets

bcwg-admin2021-05-14T11:57:10+02:00April 28th, 2021|Tags: Bank of Italy, CONSOB, Crypto-assets|

CONSOB (Italian Authority responsible for regulating the Italian securities market) and the Bank of Italy have jointly issued [...]

ECB publishes an Opinion on the Commission’s Proposal for a DLT Pilot Regime

ECB publishes an Opinion on the Commission’s Proposal for a DLT Pilot Regime

bcwg-admin2021-05-28T11:55:54+02:00April 28th, 2021|Tags: DLT, DLT Pilot Regime, ECB|

The European Central Bank (ECB) has published its Opinion on the Commission's Proposal for a Regulation on a [...]

ECB publishes a paper on the use of DLT in post-trade processes

ECB publishes a paper on the use of DLT in post-trade processes

bcwg-admin2021-05-14T11:49:12+02:00April 14th, 2021|Tags: DLT, ECB|

The European Central Bank (ECB) has published a paper on the use of distributed ledger technology (DLT) in [...]

FCA issues a policy statement requiring additional firms to submit an annual financial crime report

FCA issues a policy statement requiring additional firms to submit an annual financial crime report

bcwg-admin2021-05-14T12:05:47+02:00March 31st, 2021|Tags: FCA, Uk|

The Financial Conduct Authority (FCA) has issued a policy statement requiring additional firms to provide the FCA with [...]

European Parliamentary Research Service publishes a Briefing on the AML package 2021

European Parliamentary Research Service publishes a Briefing on the AML package 2021

bcwg-admin2021-05-14T11:42:15+02:00March 30th, 2021|Tags: AML, European Parliament|

The European Parliamentary Research Service (EPRS) has published a briefing on the Anti-Money Laundering (AML) Package 2021 (expected [...]

OUR TEAM

Monica Monaco

Monica MonacoSecretary

Mauro Lorenzo Halve

Mauro Lorenzo HalveMember (Amdax)

Niels Ploeger

Niels PloegerMember (Bitonic)

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)

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)

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!