Aptos founder joins BlackRock, Goldman Sachs in shaping CFTC crypto’s rulebook
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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. • @wyostable has placed Aptos as the highest-scoring blockchain candidate for WYST—the first fiat-backed stablecoin issued by a U.S. State.• @BitwiseInvest recently filed an amendment to the Aptos ETF, moving one step closer toward the offering of an ETF linked to Aptos in the… — Aptos (@Aptos) June 30, 2025 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…
Filed under: News - @ July 1, 2025 1:22 am