Deep Tide TechFlow news, on September 22, Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), announced the new members of the Global Markets Advisory Committee (GMAC) and its subgroups, and congratulated Avery Ching, co-founder and CEO of Aptos Labs, on his appointment as a member of the Digital Asset Markets Subcommittee.
GMAC is one of the most important advisory bodies to the CFTC, composed of experts from traditional finance and the digital asset sector, providing policy recommendations to the CFTC for a long time, shaping regulatory decisions in the U.S., and also offering important references for international discussions on global market structure and digital asset regulation. Pham expressed her anticipation of collaborating with industry leaders such as Avery, Scott Lucas, head of digital asset markets at JPMorgan, and Sandy Kaul, Executive Vice President at Franklin Templeton, to promote the orderly development of the digital asset market.
Avery has over ten years of experience in building large-scale infrastructure. Before founding Aptos, he was responsible for blockchain development, wallet infrastructure, and the technical construction of the Diem blockchain project at Meta. Avery's joining marks the rising influence of Web3 technology builders in the global regulatory dialogue.