- Aptos CEO Avery Ching has joined the CFTC’s Digital Asset Markets Subcommittee.
- His role will help shape U.S. crypto rules, especially around stablecoins and CBDCs.
Aptos Labs CEO and co-founder Avery Ching is stepping into the regulatory spotlight. In a move that signals the rising influence of blockchain technologists in shaping U.S. policy, Ching has been appointed to the Commodity Futures Trading Commission’s (CFTC) Digital Asset Markets Subcommittee.
The United States of Aptos 🇺🇸
Co-Founder & CEO of @AptosLabs, @AveryChing, joins the @CFTC GMAC Digital Asset Markets Subcommittee.
Avery will collaborate with other leaders from Web3 and financial services to help shape digital asset regulations. pic.twitter.com/3j3toG65Mg
— Aptos (@Aptos) June 30, 2025
Aptos Meets Wall Street and Washington
Ching’s appointment puts him alongside representatives from financial titans like BlackRock, Goldman Sachs, and Citadel. Also on the panel are key crypto leaders including Polygon Labs’ Rebecca Rettig and CoinFund’s Christopher Perkins. As part of the CFTC’s Global Markets Advisory Committee, the group will help guide regulation for the growing digital asset industry.
Unlike most members with finance-heavy resumes, Ching brings firsthand technical expertise to the table. Before launching Aptos, he served as a principal engineer on Meta’s Diem (formerly Libra) project, facing both the coding and compliance sides of stablecoin development. His presence offers regulators a rare dual perspective—one grounded in both infrastructure and innovation.
Why the CFTC Appointment Matters
While the SEC continues to regulate crypto through enforcement, the CFTC has taken a more open, consultative approach—particularly with assets like Bitcoin and Ethereum. By inviting Ching onto the Digital Asset Markets Subcommittee, the agency signals a commitment to incorporating real-world blockchain experience into its rulemaking.
Ching’s voice could be especially critical in upcoming debates around stablecoins and Central Bank Digital Currencies (CBDCs). The subcommittee began working on frameworks for these instruments earlier in 2024. With Aptos recently named as the leading blockchain candidate for Wyoming’s WYST—the first U.S. state-backed stablecoin—Ching’s insights could directly shape regulatory outcomes.
Aptos’ Quiet Institutional Gains
Beyond this appointment, Aptos is quietly becoming a regulatory frontrunner. The protocol already hosts three USD-pegged stablecoins, a factor sure to attract oversight. Bitwise’s recent amendment for an Aptos-linked ETF also hints at increasing institutional appetite, despite the SEC’s delays on broader crypto ETFs.
Regulators are rethinking how to govern blockchain-native assets, and Aptos and Ching are ready to play a defining role in shaping the future.
DISCLAIMER:
The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.
