Avalanche Policy Coalition Forms Advisory Council Amid Global Crypto Regulation Push

The coalition urges coordinated global engagement as jurisdictions worldwide advance regulatory frameworks for digital assets.

AVAX

Summary

The Avalanche Policy Coalition has announced the creation of an advisory council to guide its efforts in shaping cryptocurrency regulation. The coalition is calling for "global energy" and coordinated involvement as governments around the world establish regulatory frameworks for digital assets. This move comes as the crypto industry faces increasing oversight, with policymakers in multiple jurisdictions actively developing rules to address innovation, investor protection, and market integrity.

Terms & Concepts
  • Advisory Council: A group of experts providing strategic guidance and recommendations to an organization’s activities and policies.
  • Regulatory Framework: A structured set of rules and guidelines established by authorities to govern industry practices.
  • Digital Assets: Electronic representations of value or rights, including cryptocurrencies, that exist on a blockchain.