The CFTC announced that Aptos Labs CEO Avery Ching and others have become new members of the Global Market Advisory Committee.

According to news from CoinWorld, Caroline D. Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), announced the new member list of the Global Markets Advisory Committee (GMAC) and its subcommittees, congratulating Avery Ching, co-founder and CEO of Aptos Labs, for being appointed as a member of the digital asset market group. Avery has over a decade of experience in building large-scale infrastructure, and before founding Aptos, he was responsible for blockchain development, wallet infrastructure, and the technical development of the Diem blockchain project at Meta. GMAC is one of CFTC's advisory bodies, composed of experts from both TradFi and digital asset fields, which has long provided policy advice to the CFTC, shaping regulatory decisions in the U.S. and offering important references for international discussions on global market structure and digital asset regulation. Pham expressed anticipation for collaboration 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.