These parties did not respond

Unfortunately, some political parties did not respond despite several attempts. In the case of a number of smaller parties, this is a missed opportunity, but because it sometimes also concerns large parties, we believe it is important to highlight their views as well as possible in those cases.

We found relevant information in various places. Keep in mind that the texts below are usually written for a different purpose and are intended for a different audience. Possibly these are positions that are incomplete, one-sided or not representative of the entire party.

D66

D66 currently has 19 seats in the House of Representatives. Unfortunately, D66 was too busy to accede to our request. We did find some relevant passages in the D66 election program at the time of the European elections and in the D66 tech vision 2020:

D66 Election Program European Elections:

“In addition, a lot of attention must be paid to building a strong position in important new technologies with a wide application, such as artificial intelligence, quantum computing, cybersecurity and blockchain applications for, for example, logistics chains or contract management.”

Source: Election program European Elections D66

The D66 tech vision 2020 contains a bit more, spread over two parts:

D66 Tech Vision 2020

Embrace technology and put people first

… Blockchain technology takes the bank out of payment traffic and can reduce financial fraud.”

Experiment with digital services

…The government must also embrace digital technologies more actively. Take Bitcoin, or rather the underlying technology: the Blockchain technology. It can also improve government services. The payment of benefits alone costs EUR 200 million, plus another EUR 100 million in fraud. With Blockchain this could be done more efficiently and fraud can be prevented by programming the digital currency for a specific purpose. Healthcare allowance can then, for example, only be spent on healthcare. “

Source: D66 Techvision 2020

Freedom Party (PVV)

The PVV also did not respond. In addition, there are hardly any statements from the PVV about Bitcoin. We did find the passage below in a plea against money laundering and terrorist financing on the PVV website. The PVV currently has 20 seats in the House of Representatives.

“Does the minister have sufficient insight into the trade of donkeys, cat catchers, casinos, massage parlors, catering, real estate, bitcoins? There are even bitcoin ATMs these days. You can buy bitcoins with cash in Amsterdam in an ATM with bitcoins. Then you ask for one anyway. for washing.”

Source: PVV

Labor Party (PvdA)

The PvdA currently has 9 seats in the House of Representatives and turned out to be one of the most difficult parties to reach. Unfortunately, we received no response from the PvdA.

PvdA Member of Parliament Henk Nijboer recently described his vision in an article for Algemeen Dagblad, which can also be read on the PvdA website. Below you will find a number of excerpts. For the full and more detailed article, please visit the PvdA website.

Things are getting out of hand with Bitcoins and other cryptocurrencies. The developments suggest a strong bubble.

The value of cryptocurrencies has increased from an estimated $16 billion to $660 billion within a year. Cryptocurrencies are becoming the international criminal money laundering and drug currency. There is no supervision and fraud is lurking. Unfortunately, the legislation is still hopelessly behind. That is no longer possible. That is why there is a hearing in the House of Representatives on Wednesday…

…Where in 2009 10,000 bitcoins were paid for two pizzas, the value would now be more than a hundred million. Spectacular in itself and no reason for government intervention. Still, I do for three reasons.

Firstly, crypto coins such as Bitcoin, but also Ethereum and Dash are emerging as the international means of payment for criminals. …

… But now criminals have a new opportunity. Pay in bitcoins, which are preferably ‘mixed’ for a fee to disguise the owner’s identity. Europol estimates that bitcoins now play a role in 40 percent of criminal transactions. The Public Prosecution Service and FIOD must therefore act here. Cryptocurrencies are not an innocent toy of whiz kids and roguish investors!

Second, there is no supervision of bitcoins. Although AFM and DNB frequently warn about the risks of bitcoins, they do not act against it. Cryptocurrencies are not seen as a means of payment, also because the value fluctuates so much….

… That is why it is necessary to supervise crypto coins and the trading platforms. To prevent fraud and deception. And what happens if you forget passwords or your computer crashes, where do the coins go. Is it neatly guaranteed that you will not lose them permanently?

Finally, consumer protection is lacking. If you invest through the bank and want to invest all your money in a share with your family, the bank’s duty of care prohibits you from cooperating in this. The same should apply to Bitcoins…

…The rising prices of crypto coins lead to excitement. We must keep a close eye on the risks involved. Bursting soap bubbles often wreak havoc on the people who boarded last. Consumer protection needs to be better regulated. Oversight is needed on the trading and possession of bitcoins. And criminal activities and money laundering must continue to be combated. Finally, ‘mining’ bitcoins costs a lot of energy. Computers are working overtime. Bad for the environment and not acceptable in this day and age. A coin that really wants to be the currency of the 21st century should be able to do better. Given the state in which it is, Bitcoin is far from being that.”

Source: Labor Party

Christian Union

Unfortunately, the Christian Union, which currently has five seats in the House of Representatives, did not respond to our requests. The website of the Christenunie does contain a speech by Member of Parliament Peter Ester, which he gave during a debate on the crypto law.

Given the nature of the debate, it may not be a balanced story, but unfortunately we did not find any other information.

“Money laundering is no small matter. Estimates show that between ??13 and ??16 billion is laundered annually in the Netherlands. Roughly the order of magnitude of the budget of the Ministry of Justice and Security. Technological developments make it money laundering transactions may increasingly take place via anonymous cryptocurrencies, threatening to create an uncontrolled parallel market for the exchange of virtual and fiat currencies, mixing the financial system of the upper world with criminal income through virtual currencies. these anonymous currencies, that much is clear, are used for terrorist financing. Crime and terrorism become intertwined. Money laundering undermines our society and economy. Terrorism has a paralyzing grip on European countries and leads to a spiral of insecurity and fear.

The ChristenUnie party applauds the fact that new regulations – in this case initiated from Brussels – bind providers of exchange services and custodian wallets to regulations and aim to identify suspicious transactions. This brings virtual currencies under the enforcement regime of the Fourth Anti-Money Laundering Directive that we gave the green light to in this House two years ago, and that is a good thing…

…Now virtual currencies and criminal behavior are mentioned in the same breath. Understandable given the approach of the legislative proposals, but is the contribution of virtual currencies to the economic and financial functioning of our monetary system negative by definition or is there more nuances to that? …

… Is the ‘frame’ that virtual funds are reprehensible, or only if they are used to finance subversive activities such as terrorism? That matters a lot to the debate. When I look in my spam box, I cannot escape the conclusion that the bitcoin sector is very aggressively looking for new customers…

… Determining the proportionality of the bill remains a difficult matter in all this. It cannot be accurately determined to a euro. But given the seriousness of the underlying issue – the financing of terrorism through money laundering – the benefit of the doubt applies here. Research shows that cryptocurrencies carry an increased risk of money laundering and terrorist financing…

… The ChristenUnie group fully supports the European anti-money laundering policy. The fight against organized crime must not fade. We must be extremely vigilant about using cryptocurrencies to finance terrorism. If the corona crisis makes anything clear, it is the fragility of social and economic constructions. The fragility of our upper world, if you will. The last thing we want is for the mixing of the upper and underworld to increase further through illegal virtual currency practices. “

Source: Peter Ester, Christian Union

YES21

JA21 is a new party without a presence in the House of Representatives. As one of the few political parties in the Netherlands, JA21 does have something about Bitcoin in its election manifesto, which earns them a spot on our overview. Unfortunately, JA21 did not respond to our request for information. Therefore, apart from a short passage from the election manifesto, we have no other information about JA21’s views on Bitcoin.

“Paying cash is gradually becoming obsolete. Nevertheless, the option to pay in cash deserves protection. It offers a guarantee to make purchases anonymously, without being registered anywhere. The option to pay with cash deserves protection. Bitcoin and other digital currencies increase freedom of choice We must therefore embrace innovation from this sector and not regulate it away.”

Source: JA21

Good luck with your choice!

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