V20 Osaka, Japan. June 2019
20 VASPs
2 Days
1 United Voice

The V20 in Osaka, Japan was a two-day industry summit for the worlds leading Virtual Asset Service Providers (VASPs), held in parallel to the G20 Leaders Summit. It brought together leading digital asset exchanges, key domestic industry representative bodies and dignitaries including Mr Tom Neylan from the FATF. Get the full report.


G20 Logo White
June 28 - 20. osaka Japan

THE V20, Virtual Asset Service Providers summit

Upon bringing together the leading VASPs in Osaka for the V20, we recognised a need for an international dialogue to drive collaboration between government and industry (and other such-key stakeholders moving forward) to deliver a coordinated response to the updated standards proposed by the Financial Action Task Force (FATF).

The outcome of the V20 was the signing of a memorandum of understanding (MoU) which signified a willingness for a unified approach in developing a solution that will be both workable for business and acceptable for regulators. The signatories of that MoU will drive forward IDAXA as the vehicle for the industry to engage with FATF.

The initial associations that signed the proposed agreement consists of the Singapore Cryptocurrency and Blockchain Industry Association, Australian Digital Commerce Association (ADCA), the ​Taiwan Parliamentary Coalition for Blockchain & Industry Self-Regulatory Organization, Hong Kong Blockchain Association, Korean Blockchain Association and Japan Blockchain Association with several other jurisdiction continuing discussions post event.

From Left to Right: Jason Hsu (Taiwan), Hajin Juhn (Korea), Ronald M Tucker (Australia), Tony Tong (Hong Kong), Anson Zeall (Singapore) and Yuzo Kano (Japan)

MEDIA COVERAGE

The v20 representatives

Many individuals and organisations are coming together to ensure that the V20 is a success and that we proactively collaborate to help shape future FATF actions.  

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how you can help

UNIFICATION

The overwhelming view of the whole delegation was that a unified organisation of VASPs internationally was needed to best represent the view of industry, IDAXA provides that.

Dialogue

Through the IDAXA organisation, there is a dedicated channel to continue the dialogue that has been started with the FATF on behalf of the industry

RELATIONS

National associations and VASPs who need additional support can leverage IDAXA to help craft a constructive dialogue with governmental stakeholders.

V20 riyadh, 2020

Following on from the success of the V20 in Osaka, Japan, plans are already in place for the V20 in 2020. Whilst IDAXA has been born of the V20 and will continue its work with VASPs, the FATF and regulators, the V20 will be the yearly summit to bring everyone together in one room.

The 2020 G20 Riyadh summit will be the fifteenth meeting of Group of Twenty (G20) and will be held on 21–22 November 2020 in the city of Riyadh, the capital of Saudi Arabia. As this is the formal convening of world leaders to discuss policy, it is expected that the V20 will be held alongside the Leaders Summit as it was in Osaka, Japan.

Register your interest early to be involved in the V20 in Saudi Arabia.

CONTACT US

If you are a representative of a leading international Virtual Asset Service Provider or you represent a national cryptocurrency or blockchain association, please be in touch so that we can work together contact@v20.io

Stay up to date on the progress of the V20 and any news relating to the regulation of digital assets globally.

        

DONATIONS

We rely on support from the industry to continue to bring everyone together, the FATF, legislators and industry leaders. Please feel free to show your support direct to the addresses below.

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