The Avalanche Policy Alliance has established an advisory committee, calling for global collaboration on crypto regulatory rules.
PANews reported on February 3rd that, according to The Block, the Avalanche Policy Alliance has announced the formation of a new advisory committee. Led by Lee Schneider, General Counsel of Ava Labs, the committee includes UK House of Lords MP Chris Holmes and several senior figures within the Avalanche ecosystem. In 2026, the advisory committee will focus on three core issues: global token classification and intermediary definition, and internet access protection. Schneider stated that the committee's formation was inspired by the four main entities currently existing within the Avalanche ecosystem (Ava Labs, the Avalanche Foundation, and two treasury companies), aiming to ensure consistent efforts across the ecosystem at the policy level and promote the broader development of the blockchain and crypto industry.
Schneider emphasized that global regulatory coordination is crucial. While rules in different jurisdictions do not need to be exactly the same, establishing common general principles will help the industry develop. He pointed out that if the rules of major jurisdictions differ too much, blockchain or crypto companies will face operational disconnects when expanding into new markets or launching products with global applicability.
You May Also Like
Trump foe devises plan to starve him of what he 'craves' most
Why Bitcoin Is Struggling: 8 Factors Impacting Crypto Markets
