In its 2025 work program, the European Commission announced plans to release a legislative proposal to improve the exchange of data between businesses and governments. The European Business Wallet proposal is expected to be published in the fourth quarter of 2025.
With the European Business Wallet, the Commission aims to streamline business-to-business and business-to-government interactions, enabling secure data exchange while creating new opportunities for trust service providers.
With its 197 participating organisations, the new European LSP “WE BUILD” is the leading consortium working to generate the critical mass needed to define industry requirements based on real B2B use cases. These include areas such as compliance automation (e.g., KYC, KYS, KYB), cybersecurity, innovation, geopolitics, and AI automation—ultimately supporting the reshaping of the legislative process, including the architectural reference framework for the use of the EUBW.