Aptos CEO Joins CFTC Panel Amid Push for Crypto Regulation

- Avery Ching, CEO of Aptos Labs, joins the CFTC's Digital Asset Markets Subcommittee. - The subcommittee includes 36 experts from crypto and traditional finance who will advise on refining U.S. digital asset regulations. On June 30, 2025, The Block reported that Avery Ching, the CEO and co-founder of Aptos Labs, has joined the Commodity Futures Trading Commission's (CFTC) Digital Asset Markets Subcommittee. In this role, Ching joins 35 other leading experts, and together, they will provide recommendations on policies and regulations for digital assets. The subcommittee operates within the CFTC's Global Markets Advisory Committee (GMAC), which focuses on enhancing the global competitiveness of U.S. markets. Ching joins representatives from prominent financial institutions, including BlackRock, Goldman Sachs, and Morgan Stanley. His appointment highlights the growing role of web3 innovators in regulatory discussions that will shape the future of digital assets. Before founding Aptos Labs, Ching was the head of technology for Meta's cryptocurrency platform, and he brings this robust technical acumen to the panel. In this role, Ching will collaborate with industry leaders to standardize digital asset terminology and improve regulatory clarity. The CFTC actively seeks expert input to refine its oversight of the cryptocurrency sector. This initiative aligns with the GMAC's goals for global competitiveness, which CFTC Commissioner Caroline Pham established with the subcommittees in February 2023. According to market data, Aptos (APT) was trading at $4.812 as of 16:09 UTC on June 30, and its 24-hour trading volume had increased by 0.899%.