- Aptos CEO Avery Ching joins a CFTC digital assets subcommittee alongside BlackRock and Goldman Sachs representatives.
- Ching will advise U.S. regulators on digital asset rules, drawing on his blockchain engineering background.
Avery Ching, Chief Executive Officer of Aptos Labs, has taken a position on a Commodity Futures Trading Commission (CFTC) advisory group. This group provides guidance on rules for digital assets.
Ching serves on the CFTC’s Global Markets Advisory Committee (GMAC) subcommittee focused on digital assets. Other members include representatives from large financial firms. BlackRock, Goldman Sachs, and Citadel Securities also have experts on the 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 Labs stated Ching will work with leaders from Web3 and financial services. His role involves contributing to discussions on crypto asset regulations. The aim is to help form policies affecting the sector.
Ching previously led engineering for Meta’s Diem blockchain project. He co-founded Aptos Labs, which developed its own Layer 1 blockchain network. A Layer 1 blockchain serves as the base infrastructure for transactions and smart contracts. His technical background in blockchain systems differs from the financial expertise common on such panels.
This position connects Ching directly to U.S. regulatory processes. The subcommittee examines areas including stablecoins, digital asset classification, and risk management. Stablecoins are cryptocurrencies designed to maintain a stable value, often pegged to assets like the U.S. dollar.
Meanwhile, Aptos Labs is involved in projects attracting regulatory attention. The U.S. state of Wyoming selected Aptos technology for its proposed WYST stablecoin. Investment firm Bitwise has also requested regulatory approval for an exchange-traded fund (ETF) tied to Aptos. An ETF is an investment fund traded on stock exchanges. Three USD-pegged stablecoins already operate on the Aptos network.
Ching’s participation allows him to share technical insights with regulators. His experience building blockchain networks is well-suited to these discussions. The CFTC seeks diverse viewpoints as it develops frameworks for digital assets.
