Avalanche Policy Coalition launches advisory board, underscores need for global regulatory coordination

The Avalanche Policy Coalition (Avalanche Policy Coalition) has launched an advisory board to respond to discussions on virtual asset regulation, underscoring the importance of cross-border regulatory alignment.

According to The Block, a media outlet specializing in virtual assets (cryptocurrencies), on the 3rd the Avalanche Policy Coalition officially announced the formation of an advisory board led by Ava Labs Chief Legal Officer Lee Schneider. The advisory board includes UK House of Lords member Chris Holmes, among other representatives from key institutions across the Avalanche ecosystem.

The advisory board plans to address three core policy agendas this year: ▲establishing standards for token classification ▲clarifying the definition of intermediaries ▲protecting the right to internet access. The coalition said that as multiple organizations within the Avalanche ecosystem enter a growth phase simultaneously, the need for a coordinated policy response has increased.

Schneider said, "The broader Avalanche ecosystem has reached an inflection point where it shares a common policy direction," adding, "It is important for the blockchain and virtual asset industry as a whole to speak with a consistent voice."

Schneider added, "Regulations do not need to be identical in every country, but there needs to be a shared set of standards on key principles," and said, "If rules diverge too widely across major jurisdictions, it could become a significant burden for blockchain companies pursuing global services."

Through the advisory board, the Avalanche Policy Coalition plans to strengthen engagement with regulators in each country and expand its policy influence in global discussions on virtual asset regulation.