coordination

According to The Block, the Avalanche Policy Alliance has announced the establishment of a new advisory committee, which will be led by Ava Labs' General Counsel Lee Schneider. The members 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: global token classification and intermediary definitions, and internet access protection. Schneider stated that the inspiration for the committee's formation comes from the four major entities already present in the Avalanche ecosystem (Ava Labs, the Avalanche Foundation, and two treasury companies), aiming to ensure a unified effort across the ecosystem from a policy perspective and to promote the broader development of the blockchain and crypto industry.Schneider emphasized that global regulatory coordination is crucial; while the rules in different jurisdictions do not need to be identical, establishing common overarching principles will help the industry's development. He pointed out that if the regulatory differences among major jurisdictions are too great, blockchain or crypto companies will face operational disconnection when expanding into new markets or launching globally applicable products.

The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated that he will attend a joint public event with CFTC Chairman Mike Selig on Thursday at 2 PM (Eastern Time) to discuss regulatory coordination issues between the two major regulatory agencies in the cryptocurrency space.Previously, Atkins mentioned that both parties would work together to fulfill President Trump's commitment to "make the U.S. the global crypto capital." The event will be held at the CFTC headquarters and will be open to the public, with a live online broadcast.

The official U.S. SEC announced on X that it will collaborate with the CFTC next week to host a joint event on "Coordination in the Crypto Era and U.S. Financial Leadership." The event will take place at the CFTC headquarters, will be open to the public, and will be live-streamed on the official website.

The People's Bank of China held a coordination meeting to combat speculation and trading of virtual currencies. The meeting pointed out that, influenced by various factors, speculation in virtual currencies has recently increased, and related illegal activities have occurred from time to time, posing new situations and challenges for risk prevention and control. The meeting emphasized that virtual currencies do not have the same legal status as legal tender, do not have legal compensation, and should not and cannot be circulated as currency in the market. Activities related to virtual currencies are considered illegal financial activities. Stablecoins are a form of virtual currency that currently cannot effectively meet requirements for customer identification, anti-money laundering, and other aspects, posing risks of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers.The meeting required continued adherence to prohibitive policies on virtual currencies and ongoing efforts to combat illegal financial activities related to virtual currencies. All units should deepen cooperation, improve regulatory policies and legal foundations, focus on key areas such as information flow and capital flow, strengthen information sharing, further enhance monitoring capabilities, severely crack down on illegal activities, protect the property safety of the people, and maintain the stability of the economic and financial order.Responsible comrades from the Ministry of Public Security, the Cyberspace Administration of China, the Central Financial Office, the Supreme People's Court, the Supreme People's Procuratorate, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Justice, the People's Bank of China, the State Administration for Market Regulation, the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange attended the meeting.

ChainCatcher news, the official agenda and participants of the joint roundtable meeting on regulatory coordination between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have been announced. It is reported that the main topics include discussing the relationship between the SEC and CFTC, how regulatory coordination can continue to protect investors while unlocking the economic value of platforms, and how regulatory coordination can increase choices for market participants and reduce costs for investors. Former CFTC Chairman J. Christopher Giancarlo and SEC Division of Trading and Markets Director Jamie Selway will be among the participants.

ChainCatcher news, according to Bloomberg, after discovering differences in the implementation of cryptocurrency regulations across countries, the financial regulators of France, Austria, and Italy urged the EU's top regulatory body to directly oversee large cryptocurrency companies and tighten relevant rules.The EU will implement the Markets in Crypto-Assets Regulation (MiCA) by the end of 2024, requiring cryptocurrency companies to obtain a license in at least one EU member state to operate across the entire EU. In a position paper released on Monday, the financial market regulators of the three countries stated that this approach exposes "significant differences" in the regulation of companies across countries, allowing businesses to exploit loopholes, and suggested transferring oversight of the industry's largest firms to the European Securities and Markets Authority (ESMA). They also noted that the initial implementation of MiCA has shown limited convergence in regulation, making it difficult to ensure uniform EU standards. An ESMA spokesperson responded that they are working to ensure regulatory consistency and had already suggested reconsidering areas for strengthening EU-level regulation last year. Additionally, the three regulators may take precautionary measures to mitigate risks and called for enhanced regulation of global platforms, cybersecurity, and token issuance.

ChainCatcher news, according to official news, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) today issued a joint statement announcing that they will jointly hold a roundtable on September 29, 2025, from 1 PM to 5 PM (Eastern Time) to explore opportunities for regulatory coordination.SEC Chairman Paul S. Atkins and CFTC Acting Chairman Caroline D. Pham stated that both parties will work closely together to provide clarity to the market and transform the unique regulatory structure of the United States into an advantage for market participants, investors, and the public.The statement noted that the previous joint staff statement regarding spot cryptocurrency asset products was just the first step. Both agencies will consider coordinating definitions of products and trading platforms, simplifying reporting and data standards, unifying capital and margin frameworks, and establishing a coordinated innovation exemption mechanism to better serve the public interest.

ChainCatcher news, Hong Kong Legislative Council member Wu Jiezhuang tweeted that the passage of the "Stablecoin Regulation" marks further improvement in Hong Kong's cryptocurrency asset regulation. The regulation is based on international standards, establishing a high-threshold licensing system, emphasizing application scenarios and business sustainability. The Monetary Authority positions stablecoins as payment tools and communicates regulatory expectations with the market through a "sandbox mechanism." He pointed out that the key in the future lies in the effective integration of stablecoins with the traditional financial system and suggested that Hong Kong could learn from the EU's MiCA experience to enhance cross-border coordination.

ChainCatcher news, at the 2025 Lujiazui Forum "Plenary Session II: Enhancing the Coordination of Global Monetary Policies," Zhou Xiaochuan, Vice Chairman of the 12th National Committee of the Chinese People's Political Consultative Conference and former Governor of the People's Bank of China, stated that global monetary policy, including macroeconomic policy, was originally independent and did not require coordination, nor could it be coordinated.However, since the beginning of this century, global economic cycles and macroeconomic conditions have become more aligned, and the macroeconomic status of major countries also affects other nations. Major reserve currency countries need to consider global impacts. Currently, there is no institution responsible for global macro policy coordination, existing in a "three no" state: no institution, no tools, and no consensus.

ChainCatcher message, according to Jinshi reports, the Iranian government stated that the attack could not have occurred without coordination and permission from the United States.

ChainCatcher news, according to The Block, investment bank TD Cowen expressed caution regarding the "crypto strategic reserve" plan announced by U.S. President Trump on Sunday, stating that the plan lacks coordination and does not clarify the source of funding.The TD Cowen Washington research team noted in a report released on Monday: "We advise against overreacting to this social media post. The initial version did not even include Bitcoin and Ethereum in the reserve scope, indicating that the plan has not been fully coordinated." The research team also emphasized that Trump did not discuss how the government would acquire funds to purchase these tokens, raising questions about the feasibility of the plan.Meanwhile, the White House's first cryptocurrency summit is scheduled for this Friday, hosted by crypto mogul David Sacks, with Trump set to speak, and key industry figures and investors expected to attend. TD Cowen stated: "This summit is important and will reveal how the Trump team intends to advance legislation on stablecoins and the structure of the crypto market."

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated that Layer 2 and sharding are often described as two opposing strategies for blockchain scalability in public discussions. However, when you delve into the underlying technology, a puzzle emerges: the actual scaling methods are completely the same. Both have some form of data sharding, both have fraud proofs or ZK-SNARK proofs, and both have methods to solve cross {rollup, shard} communication. The main difference lies in who is responsible for building and updating these components, and how much autonomy they possess.A Layer 2-centric ecosystem technically realizes sharding very effectively, but it is a sharding that can create its own rules. This is very powerful and can inspire a great deal of creativity and independent innovation. However, it also presents key challenges, especially in terms of coordination. For a Layer 2-centric ecosystem like Ethereum to succeed, it needs to understand these challenges and address them head-on to gain as many advantages as possible from a Layer 1-centric ecosystem while getting as close as possible to having the best features of both.

ChainCatcher news, according to the Shanghai Cyberspace Administration, a city-wide meeting on the management and coordination mechanism for blockchain development was held in Shanghai, focusing on the coordinated promotion of the blockchain industry, technology, and ecological planning layout. The first Shanghai Blockchain Expert Committee was established at the meeting. The term of office for committee members is 2 years.The first committee consists of 7 experts: Zheng Zhiming (Chairman of the Expert Committee, Academician of the Chinese Academy of Sciences), Dong Jin, Yao Qian, Lu Qi, Li Xie, Lei Ming, and Ma Xiaofeng. The Shanghai Municipal Cyberspace Administration and the Municipal Economic and Information Technology Commission introduced the preparation of the "Shanghai Blockchain Development Management Work Plan (2023-2025)" and the recent progress in promoting the blockchain industry.Zhao Jiaming, a member of the Standing Committee of the Shanghai Municipal Party Committee and Minister of the Propaganda Department, presented certificates to the experts and delivered a speech, emphasizing the need to rely closely on the coordination mechanism, adhere to technology first, enhance innovation capability, prioritize application to better empower various industries, focus on ecology to optimize the industrial development environment, and base security to improve the comprehensive governance system, balancing risk control and efficiency enhancement, so that blockchain technology can better empower high-quality economic and social development.[Source link]

ChainCatcher news, Galaxy's Vice President of Research Christine Kim published a summary of the 120th Ethereum Core Developers Consensus (ACDE) conference call, where developers discussed and coordinated changes to the Ethereum Consensus Layer (CL). This week, developers discussed CL specification version 1.4.0-beta.3, the launch conditions for Devnet-10, and blob delay analysis conducted by software developer Gajinder Singh, who maintains the Lodestar and EthereumJS clients.A new CL code specification for the Cancun/Deneb (Dencun) upgrade was released, referred to as "The Summoning," officially tagged as version 1.4.0-beta.3 in the CL GitHub repository, including the following two major changes: mainnet KZG configuration and new gossip rules.Regarding Devnet-10, changes in CL specification version 1.4.0-beta.3 will be tested on Devnet-10. There are some obstacles to the launch of Devnet-10, waiting for the client teams to release new software. Once ready, it is hoped that Devnet-10 will be launched at some point on October 20 (as of now, it has not been launched).Representatives from the Prysm and Lighthouse client teams indicated that they would release updated versions of their software before October 20. Regarding blob delay analysis, based on Gajinder Singh's experiments on Devnet-9, the more blobs received by validators, the significantly greater the block delay. Ryan encouraged another CL team to attempt to reproduce Singh's experiment on Devnet-9 to see if they could achieve similar values and results.

ChainCatcher message, crowdfunding and group coordination protocol Party Protocol created by PartyDAO has been launched on Coinbase L2 network Base.Currently, its application supports both Ethereum and Base networks, allowing users to interact frictionlessly with all parties through these two networks.