Aptos Labs CEO Mo Shaikh Joins CFTC’s Digital Assets Subcommittee

cryptonews.com:

Aptos Labs CEO Mo Shaikh has joined the Commodity Futures Trading Commission’s (CFTC) digital asset subcommittee, Shaikh confirmed on social media Monday.

Originally reported by DL News, Shaikh’s appointment to the CFTC will grant the Aptos co-founder influence in helping the CFTC shape regulatory rulemaking regarding cryptocurrencies.

The CFTC’s Digital Asset Market Subcommittee falls under the umbrella of the agency’s Global Markets Advisory Committee, which was launched in 1998 to “advise the Commission on issues that affect the integrity and competitiveness of U.S. markets and U.S. firms engaged in global business.”

Shaikh has long been a powerhouse across the blockchain sector, having previously led blockchain-based real estate app Meridio and serving as a consultant for the World Economic Forum on central bank digital currencies (CBDCs).

Ensuring Web3 & crypto has a future in the US is important to me and to many.

Thanks to CFTC Commissioner @CarolineDPham, I’ll have an opportunity to share POV (shipped w/ @AptosLabs + broader @Aptos ecosystem perspective) directly with key industry & government stakeholders… https://t.co/ULllsxqvTX

— Mo Shaikh