The CEO of Aptos Labs called for clear regulatory guidance for blockchain development at a hearing in the U.S. Congress

PANews
PANews
APT-0.76%

PANews reported on June 5 that Avery Ching, co-founder and CEO of Aptos Labs, said at a hearing of the U.S. House of Representatives Agriculture Committee that digital assets are not only used for speculation, but also build a new infrastructure that is transparent, programmable and accessible to all. He called for a clear, prudent regulatory environment for developers to continue the U.S. as a tech leader in the blockchain era, and thanked the Commission for its united efforts in advancing the issue. Ching also pointed out that Aptos gets its name from the Californian town "Aptos", which is derived from the Ohlone word for "people".

Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.