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Aptos CEO Joins CFTC Digital Asset Subcommittee, Its TOKEN Price Recorded a Rise
Avery Ching, CEO of Aptos (APT) Labs, has been officially appointed as a member of the Digital Asset Market Subcommittee under the Commodity Futures Trading Commission (CFTC).
Ching's involvement signifies the openness of US regulators to the developments in the crypto industry. He will collaborate with several key figures from the Web3 sector and global finance in designing regulatory policies for digital assets.
"Now is an important moment to push pro-crypto regulations across the finish line," said CEO of the Blockchain Association and former CFTC commissioner Summer Mersinger.
Meanwhile, the price of the APT TOKEN has also surged with a 12.85% increase over the past week and is currently priced at US$4.91. The appointment of Ching is considered to strengthen Aptos's position as an important player in the global blockchain arena.