Aptos Founder Joins CFTC Digital Assets Subcommittee, Shaping Crypto Policy

IconCryptoNewsTerminal Staff03 Jun, 2024

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Aptos Founder Joins CFTC Digital Assets Subcommittee, Shaping Crypto Policy

Aptos Labs Co-Founder and CEO Mo Shaikh has been appointed to the Digital Assets Subcommittee of the US Commodity Futures Trading Commission (CFTC), a significant step in shaping the future of cryptocurrency regulation. The CFTC's Digital Assets Subcommittee brings together industry leaders and experts to advise on emerging digital asset markets. Mo Shaikh's inclusion reflects Aptos' position as a leading player in blockchain technology and its commitment to responsible innovation. Joining executives from Citadel, Goldman Sachs, Polygon Labs, and Uniswap Labs, Shaikh will contribute his expertise to the development of sound regulatory frameworks for cryptocurrencies. This appointment signals the CFTC's recognition of the transformative potential of blockchain technology and its commitment to fostering responsible growth in the digital asset sector. Shaikh's involvement in the subcommittee positions Aptos to play a pivotal role in shaping the future of crypto policy, ensuring that innovation and consumer protection go hand in hand. As Aptos continues to build a scalable and secure blockchain platform, Mo Shaikh's participation in the CFTC's Digital Assets Subcommittee will enable Aptos to contribute to a more robust and well-regulated cryptocurrency ecosystem.