The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. They will provide advice in helping develop international blockchain policy principles.
Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia
‘High-Level Expert Group’ Formed
The Organisation for Economic Cooperation and Development (OECD) announced this week that it has formed “a high-level expert group,” also known as the Blockchain Expert Policy Advisory Board (BEPAB). The organization described that the group’s primary goal is “to provide advice on its work on blockchain and other distributed ledger technologies; this will include the development of high-level blockchain policy principles.”
The intergovernmental organization currently has 36 member countries, with the European Commission participating in its work. Members engage with OECD experts and delegations from other countries; they are part of the council that oversees the organization’s work.
Yoichi Iida is the deputy director-general for G7/G20 relationship of the Japanese Ministry of Internal Affairs and Communications. The incoming chairman of the OECD’s Committee on Digital Economy Policy (CDEP) explained:
The BEPAB’s geographic diversity is critical to the development of international blockchain policy principles.
According to the announcement, this high-level expert group consists of 45 governments and representatives from the European Commission, the private sector, industry bodies, and civil society groups. The current list of members shows that there are 93 experts on the board in total.
Among members of the expert group from the crypto and blockchain sector are executives from the Libra Association, Facebook’s Calibra, Aidtech, Bitfury, BITT, Blockchangers, Block.one, Consensys, Everledger, Etoro, Infrachain, Iobuilders, Maker Foundation, Outlier Ventures, R3, Ripple, and SALT.
Other members include officials from the European Parliament
