Digital Currencies Governance Group Limited

DCGG

Digital Currencies Governance Group is a trade organization promoting the implementation of digital currencies in Europe.

Lobbying Activity

Meeting with António Tânger Corrêa (Member of the European Parliament)

13 Jan 2026 · Courtesy meeting

Meeting with Markus Ferber (Member of the European Parliament)

12 Jan 2026 · EU Market Integration Package

DCGG urges EU to protect blockchain from Data Act rules

14 Oct 2025
Message — The group wants the Data Act to target specific data-sharing tools. They also call for protecting encrypted messaging and simplifying AI rules.12
Why — This would shield blockchain firms from technical burdens and lower AI compliance costs.34
Impact — Law enforcement and child protection groups lose tools for detecting illegal material.5

Meeting with Eric Ducoulombier (Acting Director Financial Stability, Financial Services and Capital Markets Union) and

8 Oct 2025 · Discussion on stablecoins and MiCA

Meeting with Riikka Torppa (Cabinet of Commissioner Maria Luís Albuquerque)

18 Sept 2025 · Savings and Investments Union, digital finance

Meeting with Marcin Sypniewski (Member of the European Parliament)

9 Sept 2025 · CSAM regulation

Meeting with Cathrin Bauer-Bulst (Cabinet of Commissioner Magnus Brunner) and Ledger SAS

4 Sept 2025 · The European Commission's legislative work • in the fight against child sexual abuse (Regulation to prevent and combat child sexual abuse), • on lawful access to data for law enforcement (EU Protect Roadmap) and • on encryption (expected roadmap)

Meeting with Aymard De Touzalin (Head of Unit Communications Networks, Content and Technology)

4 Sept 2025 · Exchange of views on the CSAM legislative proposal, on the EUProtect roadmap and strategy and the expected roadmap on encryption

Meeting with Mattias Levin (Acting Head of Unit Financial Stability, Financial Services and Capital Markets Union)

19 Jun 2025 · Mica

Digital Currencies Governance Group warns against mass digital surveillance

18 Jun 2025
Message — The group calls for strictly targeted data retention limited to a maximum of 90 days for specific providers. They argue blanket requirements violate privacy rights and ignore previous European Court of Justice rulings.12
Why — Digital asset and AI firms would avoid the heavy costs and risks of unlimited data storage requirements.3
Impact — Police and security agencies would have less historical data available for solving complex criminal cases.4

Meeting with Marlene Rosemarie Madsen (Cabinet of Executive Vice-President Henna Virkkunen)

3 Jun 2025 · Regulatory simplification and competitiveness

Meeting with Nicolo Brignoli (Cabinet of Commissioner Valdis Dombrovskis)

3 Jun 2025 · Crypto currencies

Meeting with Sirpa Pietikäinen (Member of the European Parliament)

10 Apr 2025 · EU competitiveness

Meeting with Marcin Sypniewski (Member of the European Parliament)

13 Nov 2024 · Briefing on the cryptocurrency regulations

Meeting with Fabio De Masi (Member of the European Parliament)

12 Nov 2024 · Crypto&Blockchain - quo vadis?

Meeting with Kosma Złotowski (Member of the European Parliament)

12 Nov 2024 · Legislative challenges for the EU's digital policy

Meeting with Marcin Sypniewski (Member of the European Parliament)

15 Oct 2024 · Pre-briefing meeting

Meeting with Andreas Schwab (Member of the European Parliament)

23 Sept 2024 · Crypto Currencies

Meeting with Kinga Kollár (Member of the European Parliament)

18 Sept 2024 · encryption technologies

Meeting with Andrzej Buła (Member of the European Parliament)

17 Sept 2024 · Digital policy, data protection and cybersecurity

Meeting with Gilles Boyer (Member of the European Parliament) and Ledger SAS

17 Sept 2024 · ECON priorities

Meeting with Karlo Ressler (Member of the European Parliament)

1 Mar 2024 · Anti-money laundering

Response to Payment services – revision of EU rules (new Regulation)

30 Oct 2023

The Digital Currencies Governance Group (DCGG) welcomes the opportunity to provide feedback on the European Commission's proposal for a Payment Services Regulation (PSR). Please find attached our comments. We would be delighted to discuss our response in more detail should there be any questions or points of clarification that may support your assessment.
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Response to Payment services – revision of EU rules (Directive)

30 Oct 2023

The Digital Currencies Governance Group (DCGG) welcomes the opportunity to provide feedback on the revised Payment Services Directive (PSD3). Please find attached our comments. We would be delighted to discuss our response in more detail should there be any questions or points of clarification that may support your assessment.
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Digital Currencies Governance Group urges crypto exclusion from FIDA

30 Oct 2023
Message — The group requests excluding digital asset market participants from the proposal's scope. They argue that complying with FIDA alongside new crypto rules would be too overburdening.12
Why — This would reduce compliance costs and ease the transition into the regulated EU market.34
Impact — Consumers and the data-driven economy would lose the benefits of effective data sharing.56

Meeting with Werner Stengg (Cabinet of Executive Vice-President Margrethe Vestager)

4 May 2023 · Data Act, cryptocurrencies

Meeting with Florian Denis (Cabinet of Commissioner Mairead Mcguinness)

2 May 2023 · Crypto Assets, MiCA

Response to Strengthening existing rules and expanding exchange of information framework in the field of taxation (DAC8)

29 Mar 2023

The Digital Currencies Governance Group (DCGG) and its members welcome the European Commissions efforts and objective to amend the Directive for Administrative Cooperation (henceforth, DAC8) to enhance the current tax system to create a more fair and transparent framework for EU member states, and facilitate compliance. We understand that bringing cryptoassets within the scope of this Directive and further developing the framework for automatic exchange of information is a necessary step within the context of their increased adoption and use within the Union. Nevertheless, industry representatives are concerned that this proposal goes significantly beyond the recommendations of the Organisation for Economic Cooperation and Development (OECD), with certain provisions in the DAC8 proposal that effectively position the sector in a disadvantage in comparison to traditional finance, with proposed entities in scope and reporting requirements for crypto-asset service providers (CASPs) being significantly broader. DCGGs members are worried that this proposed approach to the scope of operators subject to DAC8 may place a disproportionate burden on the crypto-assets industry compared to more established traditional financial infrastructures. The potential outcome of significantly increased administrative burden could disincentivise these nascent businesses from entering the EU market, which could have negative economic implications long-term in the context of increased digitalisation and international competition. Striking the right balance between strengthening transparency within the overall tax framework of the Union, and enabling the industrys growth and innovation in the market, which requires a more calculated, moderate approach. We recommend that the following points are addressed: Lack of harmonisation over the definition of crypto-asset operator: In the context of DAC8, DCGG recommends that the Commission adopt a more harmonised approach by using the definition of CASP within the meaning of the MiCA regulation instead of introducing the granular definition of what the proposal refers to as crypto-asset operator which is very broad and would lead to legal uncertainty. A case-by-case analysis for a better differentiation between crypto products: To avoid legal misinterpretation, in DCGGs view, it is crucial to establish a differentiation between classes of crypto products and services taking into account use-cases, underlying technology, design and functionalities, as well as internal monitoring, controls, and ingrained features that facilitate the exchange of information. These are tangible criterions that could be used as a basis for the competent tax authority to determine a risk profile, and thus avoid placing undue burdens on low-risk products, investments and transactions. Reporting requirements: DCGGs members are concerned that the DAC8 proposal lays out more restricting requirements for the reporting of transactions for tax purposes than the previously outlined (through DAC2 and DAC6) rules for traditional financial institutions. If these requirements are implemented, crypto operators would undergo an overwhelming administrative burden that creates an enormous barrier to entry into the EU market. In addition, the current wording of DAC8 creates a situation where cryptoasset operators would be required to collect unprecedented amounts of private information. Threat to privacy: Competent tax authorities must be conscious of how distributed ledger technology differentiates crypto products from traditional finance. While all wallet transactions and keys are recorded on the Blockchain, these are not connected to personal user data. If crypto-asset operators or CASPs are required to collect and report personal data linked to crypto wallets, this would significantly increase security risks (breaches, theft), as identified users would have the entire history of their transactions exposed to vulnerability.
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Meeting with Pedro Marques (Member of the European Parliament, Shadow rapporteur)

16 Sept 2021 · AMLA

Meeting with Mikuláš Peksa (Member of the European Parliament, Rapporteur)

22 Jan 2021 · Digital Operational Resilience Act

Meeting with Mikuláš Peksa (Member of the European Parliament)

10 Dec 2020 · Cryptocurrencies