The Organization for Economic Cooperation and Development (OECD) announced this week that it has formed a "senior expert group", also known as the Blockchain Expert Policy Advisory Board (BEPAB), which includes experts from the cryptocurrency industry. The group said that the group's main goal was "to provide advice on its work on blockchain and other distributed ledger technologies, which will include the development of advanced blockchain policy principles." "The geographical diversity of BEPAB is essential for the development of international blockchain policy principles," explained Yoichi Iida, the incoming chairman of the OECD Digital Economic Policy Committee (CDEP). According to the statement, this high-level panel of experts from 45 Government and European Commission, private sector, industry bodies and civil society groups. The current membership list shows that there are 93 experts on the council.