According to online reports, Bitcoin financial service platform Avalon Labs disclosed the latest progress in its crypto policy advocacy in Washington, USA, aiming to promote the government's policy on crypto companies and bitcoin lending from the perspective of blockchain technology innovation, employment opportunities and inclusive finance. Introduce a clearer legislative framework for business. Avalon Labs firmly believes that a clear and stable regulatory environment will help crypto companies operate more securely and in compliance in the United States. In addition, Avalon Labs also called on the government to support the Blockchain Regulatory Determination Act, which aims to provide legal clarity for unmanaged encryption services and help the healthy development of the industry.