Avery Ching isn’t just shipping code anymore. The Aptos co-founder and CEO has been appointed to the CFTC’s digital asset panel, signaling a new era where those who build the infrastructure help shape its regulation. On June 30, Aptos Labs…Avery Ching isn’t just shipping code anymore. The Aptos co-founder and CEO has been appointed to the CFTC’s digital asset panel, signaling a new era where those who build the infrastructure help shape its regulation. On June 30, Aptos Labs…

Aptos founder joins BlackRock, Goldman Sachs in shaping CFTC crypto’s rulebook

Avery Ching isn’t just shipping code anymore. The Aptos co-founder and CEO has been appointed to the CFTC’s digital asset panel, signaling a new era where those who build the infrastructure help shape its regulation.

On June 30, Aptos Labs announced that its co-founder and CEO, Avery Ching, was appointed to the Commodity Futures Trading Commission’s Digital Asset Markets Subcommittee.

The group, part of the CFTC’s Global Markets Advisory Committee, includes heavyweights from BlackRock, Goldman Sachs, and Citadel, alongside key crypto industry figures like Polygon Labs’ Rebecca Rettig and CoinFund’s Christopher Perkins.

According to Aptos, Ching will represent the builder’s perspective in a policy environment still largely shaped by legal and financial incumbents. His appointment suggests that the CFTC is actively seeking input from technologists who understand blockchain’s complexities, not just financial institutions adapting to its disruption.

Why Ching’s CFTC role could reshape crypto’s regulatory playbook

Avery Ching’s appointment comes at a pivotal moment for crypto regulation. While the SEC keeps swinging its enforcement hammer, the CFTC has been playing a different game. The commodities regulator has steadily expanded its crypto oversight with a lighter touch, especially when it comes to assets like Bitcoin (BTC) and Ethereum (ETH).

With Ching now advising its Digital Asset Markets Subcommittee, the agency gains direct access to a technologist who has built blockchain infrastructure at scale.

Ching’s background sets him apart from traditional finance appointees. Before co-founding Aptos, he was a principal engineer at Meta’s Diem project (formerly Libra), where he grappled with the regulatory hurdles of launching a global stablecoin.

That experience gives him rare insight into both the technical and compliance challenges facing decentralized systems. On the CFTC subcommittee, Ching will work alongside figures like Nasdaq’s Tony Sio and Franklin Templeton’s Sandy Kaul, bridging the gap between crypto’s disruptors and Wall Street’s established players.

Aptos’ quiet regulatory wins

While Ching’s appointment is new, Aptos has been laying groundwork for regulatory relevance. The project was recently named the top blockchain candidate for Wyoming’s WYST, the first fiat-backed stablecoin issued by a U.S. state.

At the same time, Bitwise’s amended filing for an Aptos-linked ETF signals growing institutional interest, even as the SEC delays decisions on broader crypto ETFs. This is not to mention that the Layer 1 blockchain already hosts three USD-pegged stablecoins, a factor that likely caught regulators’ attention given ongoing debates about stablecoin oversight.

Ching’s first test may be the subcommittee’s work on stablecoin and CBDC frameworks, which it began standardizing in March 2024. With Wyoming’s WYST initiative and Aptos’ ETF prospects, his input could directly influence how regulators treat blockchain-native financial instruments.

Market Opportunity
Threshold Logo
Threshold Price(T)
$0.009355
$0.009355$0.009355
+4.54%
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Yarm Explained: Turning Trust and Tweets into Yield

Yarm Explained: Turning Trust and Tweets into Yield

tl;dr: Yarm is a new platform by Mitosis and Kaito AI that turns social influence into onchain yield. Yappers earn Mindshare by posting…Continue reading on Coinmonks »
Share
Medium2025/09/18 14:43
Crossmint Partners with MoneyGram for USDC Remittances in Colombia

Crossmint Partners with MoneyGram for USDC Remittances in Colombia

TLDR Crossmint enables MoneyGram’s new stablecoin payment app for cross-border transfers. The new app allows USDC transfers from the US to Colombia, boosting financial inclusion. MoneyGram offers USDC savings and Visa-linked spending for Colombian users. The collaboration simplifies cross-border payments with enterprise-grade blockchain tech. MoneyGram, a global leader in remittance services, launched its stablecoin-powered cross-border [...] The post Crossmint Partners with MoneyGram for USDC Remittances in Colombia appeared first on CoinCentral.
Share
Coincentral2025/09/18 21:02
US SEC suspends trading in shares of digital asset treasury firms QMMM and Smart Digital

US SEC suspends trading in shares of digital asset treasury firms QMMM and Smart Digital

PANews reported on September 30th that the U.S. Securities and Exchange Commission (SEC) has suspended trading in QMMM Holdings Ltd.'s stock after its share price surged nearly 1,000% in less than three weeks, according to Bloomberg. The SEC stated on Monday that recommendations to buy QMMM stock posted on social media by "unidentified individuals" may have manipulated its share price. Since QMMM announced earlier this month that it would establish a "diversified cryptocurrency treasury" with an initial investment of $100 million, targeting investments in Bitcoin, Ethereum, and Solana, its share price has surged 959%. The SEC stated that the trading suspension is a temporary measure and will end at 11:59 PM EST on October 10th. On Monday, the SEC also suspended trading in Smart Digital Group Ltd.'s shares for similar reasons. The suspension will also expire at 11:59 PM ET on October 10. The company announced last week that it would establish a "diversified cryptocurrency asset pool," focusing on digital assets like Bitcoin and Ethereum. Since the announcement, its stock price has fallen significantly.
Share
PANews2025/09/30 08:32