Odaily Planet Daily reports that Acting Chairwoman Caroline D. Pham of the U.S. Commodity Futures Trading Commission (CFTC) has announced the new members of the Global Markets Advisory Committee (GMAC) and its subcommittees. She also congratulated Avery Ching, co-founder and CEO of Aptos Labs, on his appointment as a member of the Digital Asset Markets Subcommittee. Avery has over a decade of experience building large-scale infrastructure. Prior to founding Aptos, he led blockchain development, wallet infrastructure, and technical development for the Diem blockchain project at Meta.

GMAC, one of the CFTC's advisory bodies, is comprised of experts in traditional finance and digital assets. They have long provided policy advice to the CFTC, shaping not only US regulatory decisions but also international discussions on global market structure and digital asset regulation. Pham expressed his anticipation for collaborating with industry leaders such as Avery, Scott Lucas, Head of Digital Asset Markets at JPMorgan Chase, and Sandy Kaul, Executive Vice President at Franklin Templeton, to promote the orderly development of the digital asset market.