Cryptocurrency Live News & Updates : Aptos CEO Joins CFTC's Crypto Regulation Panel
Avery Ching, co-founder and CEO of Aptos, has been appointed to the CFTC's Digital Asset Markets Subcommittee, marking a shift towards including builders in regulatory discussions. In a significant development for cryptocurrency regulation, Avery Ching, the CEO of Aptos, has joined the CFTC's Digital Asset Markets Subcommittee, which includes influential figures from BlackRock and Goldman Sachs. This move highlights the CFTC's intent to incorporate insights from blockchain technologists, contrasting with the SEC's more stringent approach. Meanwhile, U.S. Treasury Secretary Besant anticipates a surge in trade agreements as the July 9 deadline approaches, indicating a proactive stance in economic negotiations. In the crypto market, Cardano's price has shown mixed signals, with whale accumulation suggesting potential recovery despite a recent 18% drop. Additionally, JPMorgan has initiated coverage of Circle with an underweight rating, citing an elevated market cap despite the stablecoin's strong positioning. As the landscape evolves, these developments reflect the ongoing interplay between regulatory frameworks and market dynamics in the cryptocurrency sector. Show more
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