Avery Ching, the CEO of Aptos Labs, will be one of the key speakers at the hearings of the House Agriculture Committee in the U.S. Congress. The event, dedicated to issues of digital asset regulation and the development of a regulatory framework for the cryptocurrency industry, will take place on June 4, 2025.
This is reported by Business • Media
Focus of the Hearings — Innovations and the Future of Digital Assets
The topic of discussion is “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework.” In his speech, Avery Ching plans to emphasize the practical aspects of blockchain usage, examples from the Aptos ecosystem, and the importance of creating an effective regulatory framework to foster innovation in the field of digital finance.
“Market structure legislation is an important step forward, and I look forward to the opportunity to share how Aptos Labs and the broader L1 ecosystem can usher in this next era of the decentralized internet,” he stated on his X (formerly Twitter) page.
Speaker Lineup and Market Reaction
In addition to Ching, three other experts will speak at the hearings: Michael Piwowar, Executive Vice President of Milken Institute Finance; Chelsea Pizzola, Counsel and Strategic Advisor at Cumberland DRW; and Ryan Miller, Partner at the law firm Lowenstein Sandler LLP.
Following the news of the upcoming appearance of the CEO of Aptos Labs, the price of the APT token rose, reaching nearly $5. Despite this, the asset has shown a decline of 7.2% over the week.
It is worth noting that Avery Ching took over Aptos Labs after the dismissal of the previous CEO, Mo Shaikh, in late December 2024.