The Commodity Futures Trading Commission (CFTC) has appointed new members to its Global Markets Advisory Committee (GMAC) and subcommittees, adding several leaders from the cryptocurrency industry to the Digital Asset Markets Subcommittee (DAMS), a move that underscores the regulator's ongoing commitment to the sector.
The acting chair of the CFTC, Caroline D. Pham, appointed four new members to DAMS: Katherine Minarik, legal director of Uniswap Labs; Avery Ching, co-founder and chief technology officer of Aptos Labs; James J. Hill, general director and head of structural innovation at BNY; and Ben Sherwin, general counsel of Chainlink Labs.
Additionally, Scott Lucas, director of digital assets at JPMorgan, was named co-chair of DAMS along with Sandy Kaul, executive vice president of Franklin Templeton. They succeed Caroline Butler, who previously served as co-chair.
The latest appointments underscore the growing bridge between traditional and decentralized finance, highlighting the strong commitment of major Wall Street firms that see opportunities in real-world tokenized assets, stablecoins, and infrastructure.
