PANews February 3 News, according to The Block, the Avalanche Policy Alliance announced the establishment of a new Advisory Committee, which will be led by Ava Labs General Counsel Lee Schneider and include UK House of Lords member Chris Holmes and several senior figures within the Avalanche ecosystem. The Advisory Committee will focus on three core issues in 2026: token classification and intermediary definitions worldwide, and internet access protection. Schneider stated that the formation of the committee was inspired by the four main entities currently within the Avalanche ecosystem (Ava Labs, Avalanche Foundation, and two treasury companies), aiming to ensure unified efforts across the ecosystem from a policy perspective and to promote broader development of blockchain and the crypto industry.
Schneider emphasized that global regulatory coordination is crucial. While rules across jurisdictions do not need to be entirely the same, establishing common overarching principles will help industry development. He pointed out that if the rules in major jurisdictions differ too much, blockchain or crypto companies expanding into new markets or launching globally applicable products will face operational dissonance.
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