Avalon Labs promotes advocacy for US encryption policy, calling for a clear regulatory framework.

[Coin World] On June 27 (UTC+8), Avalon Labs recently revealed its latest progress in advocating for encryption policies in Washington, USA, aiming to promote the government to establish a clearer legislative framework for encryption companies and Bitcoin lending businesses from the perspectives of Blockchain technology innovation, job opportunities, and inclusive finance. Avalon Labs firmly believes that a clear and stable regulatory environment will help encryption companies operate more safely and compliantly in the United States. In addition, Avalon Labs also calls on the government to support the Blockchain Regulatory Certainty Act (BRCA), which aims to provide legal clarity for non-custodial encryption services and facilitate healthy industry development. Avalon Labs also actively encourages more industry peers to participate in the encryption policy advocacy process to jointly promote the construction of a conducive environment for innovation, fairness, and compliance for the development of encryption businesses in the United States.