October 28, 2021

Driving regulatory change: Blocktrade joined the Blockchain and Virtual Currencies Working Group

Luxembourg, 28th of October 2021 – Blocktrade SA today announced that it has become a member of the Blockchain & Virtual Currencies Working Group (hereinafter BVC WG), a European working group of companies and industry representatives who are committed to discussing and promoting the development of clear and innovation-friendly legal regulation of blockchain-based virtual currencies in the European Union. Formed in 2015, the BVC WG aims to educate and promote cooperation with European regulators, influence EU regulators’ work and advise internally on EU matters.

“As an ambitious digital assets exchange, we see the need to align with industry peers in order to coordinate and align our engagement with all tiers of European Governance and Financial Authorities. In this rapidly evolving legal field, such a coordination is necessary for us to better understand and support the general direction that will be beneficial to innovation, legal progression and sustainable operations of all players in the blockchain sector,” says Simon Ore, Chief Compliance Officer at Blocktrade SA.

“Presently, the regulatory diversity in certain areas is a major cause of concern to us,” adds Bernhard Blaha, CEO of Blocktrade SA. “Blocktrade finds the mission and position of the BVC WG as well as collaborative efforts by the industry players involved in the group to be vital to our very existence as an industry.”

“We are glad to welcome Blocktrade SA to the Blockchain and virtual currencies Working Group. We believe that their vision and ambitions can enhance the work we are currently performing, and we look forward to working in partnership as we expand the WG footprint across the policy and regulatory debates in Europe” says Monica Monaco, Founder and Secretary General of BVC WG.

About Blocktrade SA

Blocktrade is the digital asset marketplace of the future. It is part of a wider ecosystem, which covers all stages of asset tokenization.

Started in 2018, Blocktrade was further acquired and rebuilt by Cryptix in 2020 and funded by an international group of investors in 2021. This way Blocktrade set the course for the further international rollout. Digital assets trading is an exponentially growing market and Blocktrade is a bridgehead between slow, regulated tokenization services and fast-paced trading communities.

November 16, 2021

Non-fungible Token (NFT): What the fuss is all about

NFT are all the rage these days. From US sketch show Saturday Night Live to marketing guru Gary Vee, Bloomberg and more – mainstream media is covering the 2021 crypto-phenomenon that is Non-Fungible Tokens or “NFTs”. Yet, beyond the hype and insanity there are many misconceptions and misunderstandings about NFTs, their benefits and real use cases.   In […]

November 11, 2021

KYC, KYB and AML – A necessity protecting you and your funds

When it comes to money and finances, security and transparency are of the highest importance. Therefore, the financial industry is one of the most tightly regulated industries in the world.   In the European Union, all registered financial institutions and financial service providers, brokers and exchanges – hence, also Blocktrade – must comply with strict guidelines among which EU directives. The two central obligations are to conduct Know-Your-Customer (KYC), Know-Your-Business […]

November 4, 2021

New Listing: eCredits (ECS)

We are always looking to offer our community of traders access to the most popular, promising and innovative crypto projects. Today, we are excited to announce the upcoming listing of the eCredits token (ECS).  Starting from 8 November, eCredits will be available in three traiding pairs.  What is eCredits?  eCredits is a cryptocurrency whose launch was supported as by the Swiss venture […]