Avalanche Policy Coalition launches advisory council

The Avalanche Policy Coalition has launched an advisory council, The Block reported. The council is led by Ava Labs General Counsel Lee Schneider and includes key figures from the Avalanche ecosystem, such as Chris Holmes, a member of the UK House of Lords. The advisory council has set its goals for the year, which include establishing token classification standards, defining intermediaries, and protecting internet accessibility. The committee stated that global policy coordination is necessary as various countries begin to form their cryptocurrency regulations.