Express
Lido: SEC Clarifies that Liquid Staking is Non-Security, Boosting Institutional Adoption and DeFi Ecosystem Development
Summary: In response to the news, Lido stated that the guidance issued by the US SEC yesterday confirms that liquid staking and similar receipt-like tokens such as stETH do not constitute securities, providing the regulatory clarity needed by Lido and the entire industry. This position opens the door for US-based platforms, financial institutions, and users to ...
In response to the news, Lido stated that the guidance issued by the US SEC yesterday confirms that liquid staking and similar receipt-like tokens such as stETH do not constitute securities, providing the regulatory clarity needed by Lido and the entire industry. This position opens the door for US-based platforms, financial institutions, and users to more freely utilize Lido without worrying about triggering securities laws, potentially leading to further integration of stETH by more protocols and expanding its use cases in the DeFi space. It also strengthens the reasons for centralized exchanges and fintech platforms to support Lido's liquid staking, potentially attracting more funds.
Tags:
Link: Lido: SEC Clarifies that Liquid Staking is Non-Security, Boosting Institutional Adoption and DeFi Ecosystem Development [Copy]