Slide

Decentralization

Transparency

Security

Immutability

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

Gibraltar implements the FATF Travel Rule into national law

Gibraltar implements the FATF Travel Rule into national law

bcwg-admin2021-05-14T12:11:33+02:00March 22nd, 2021|Tags: FATF, Gibraltar, Travel Rule|

Gibraltar has issued the ‘Proceeds of Crime Act 2015 (Transfer of Virtual Assets) Regulations 2021’ implementing the Financial [...]

FATF Public Consultation on its Draft updated Guidance for a risk-based approach to virtual assets and VASPs

FATF Public Consultation on its Draft updated Guidance for a risk-based approach to virtual assets and VASPs

bcwg-admin2021-04-19T11:37:50+02:00March 19th, 2021|Tags: AML/CFT, FATF, VASPs, Virtual Assets|

The Financial Action Task Force (FATF) has launched a Public Consultation on its Draft updated Guidance for a [...]

European Commission’s Public Consultation on a stronger EU tax cooperation through crypto-assets, e-money and tailored compliance measures

European Commission’s Public Consultation on a stronger EU tax cooperation through crypto-assets, e-money and tailored compliance measures

bcwg-admin2021-04-19T11:04:05+02:00March 11th, 2021|Tags: Crypto-assets, European Commission, Tax|

The European Commission has launched a Public Consultation on a stronger EU tax cooperation through crypto-assets, e-money and [...]

ECON Draft Report on the DLT Pilot Regime

ECON Draft Report on the DLT Pilot Regime

bcwg-admin2021-04-19T11:25:33+02:00March 9th, 2021|Tags: DLT Pilot Regime, ECON, European Parliament|

The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published the first Draft Report on the [...]

EBA Opinion on the ML/TF risks affecting the EU’s financial sector

EBA Opinion on the ML/TF risks affecting the EU’s financial sector

bcwg-admin2021-04-19T11:13:30+02:00March 3rd, 2021|Tags: AML/CFT, EBA, Risk|

The European Banking Authority (EBA) has published an Opinion on the risks of money laundering and terrorist financing [...]

ECON Draft Report on MiCA

ECON Draft Report on MiCA

bcwg-admin2021-04-19T10:45:06+02:00February 25th, 2021|Tags: Crypto-assets, ECON, European Parliament, MiCA|

The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published the first Draft Report on the [...]

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!