Aptos Joint Creation went to the Agricultural Committee hearing and really treated me like a farmer? I saw an interesting news: @ Aptos Joint Creation @ Aver-Ching will testify at a hearing of the U.S. House Committee on Agriculture, delivering testimony on "The Future of American Innovation and Digital Assets: From Blueprint to Practical Framework". Interesting in two places: the Agricultural Committee Aptos。 one ️⃣ Is the Agricultural Committee responsible for blockchain management? I haven't studied much, don't deceive me. How can cryptocurrency be managed by the Agricultural Committee? Do you really treat me like a farmer? I quickly sneaked in and found it quite interesting. The House Agriculture Committee is actually the superior supervisory department of the Commodity Futures Trading Commission, responsible for supervising and reviewing the CFTC's budget, legislative authorization, and policy implementation along with the Senate Agriculture, Nutrition, and Forestry Committee. The CFTC was established in 1974 with the main responsibility of overseeing the commodity futures, options, and derivatives markets in the United States. At that time, the trading assets were corn, soybeans, cotton, livestock, and so on, so the agricultural committee was in charge of managing this absolute match The Agricultural Commission released a discussion draft for CFTC reauthorization in 2019, updating the Commodity Exchange Act and ensuring that the regulatory framework can adapt to market changes. The CFTC has a broad definition of "commodity", which includes not only traditional agricultural products, but also energy, metals, encrypted assets (such as Bitcoin), and so on. So the Agricultural Committee's jurisdiction over blockchain is real. It plays an important role in the structure of the cryptocurrency market and the framework of digital asset trading, and has actual power over the structure and regulation of the cryptocurrency market in the US Congress. So this hearing has a significant impact on blockchain and public chains, and is a very important meeting. two ️⃣ Why Aptos? There are a total of four witnesses in this hearing, and it is very rare for blockchain founders to appear on Capitol Hill. Aptos co-founder Avery Ching may showcase to Congress how Layer 1 blockchain Aptos solves real-world problems, technical issues with blockchain infrastructure, personal experience, as well as tokens, instances, and more. The other witnesses are mostly from legal, exchange, and regulatory backgrounds. Avery, as a real builder, can provide a completely different perspective, and Aptos is a public chain based in the United States, which is even more significant. My personal guess is that Aptos' participation in the hearing of the Agriculture Commission may affect the compliance standards, tokens, development environment, and other policies of the United States regarding public chains or on chain activities. Squat down again and see the specific situation.