Aptos CEO Avery Ching Joins CFTC Panel to Shape U.S. Crypto Regulations
Avery Ching, co-founder and CEO of Aptos Labs, has been appointed to the CFTC's digital asset market subcommittee. This panel includes experts from BlackRock, Goldman Sachs, and Citadel, signaling a convergence of traditional finance and cryptocurrency expertise.
The collaboration aims to establish a regulatory framework for digital assets, with Ching's technical background in LAYER 1 blockchain development bringing unique perspective to the predominantly finance-oriented committee. Aptos Labs emphasized this partnership will accelerate institutional adoption of cryptocurrency while addressing regulatory complexities.
Ching's appointment reflects growing recognition of blockchain infrastructure's role in financial markets. The MOVE comes as regulators increasingly seek technical expertise to complement traditional financial oversight mechanisms.