The U.S. CFTC announced that Aptos Labs CEO Avery Ching and others have become new members of the Global Markets Advisory Committee's subcommittee

ChainCatcher News, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline D. Pham, announced the new members of the Global Markets Advisory Committee (GMAC) and its subcommittees, congratulating Aptos Labs co-founder and CEO Avery Ching on his appointment to the Digital Asset Markets Subcommittee.

GMAC is one of the CFTC's most important advisory bodies, composed of experts from both traditional finance and the digital asset space, providing long-term policy advice to the CFTC. It not only shapes regulatory decisions in the U.S. but also serves as an important reference for international discussions on global market structure and digital asset regulation. Pham expressed her anticipation of collaborating with industry leaders such as Avery, Scott Lucas, head of digital asset markets at JPMorgan, and Sandy Kaul, executive vice president at Franklin Templeton, to promote the orderly development of the digital asset market.

Avery has over a decade of experience in building large-scale infrastructure. Before founding Aptos, he was responsible for blockchain development, wallet infrastructure, and the technical construction of the Diem blockchain project at Meta. Avery's addition signifies the rising influence of Web3 technology builders in global regulatory dialogues.