“One open question that was clarified from a banking law perspective was that when funds are locked up, those funds must be available to clients at any given time,” Lavrov said in an interview. “You could argue that is achieved by liquid staking, since funds are readily available and the token is pegged one-to-one with ETH. So I see a breakthrough opportunity for banks to get into solutions like Lido.”
Related posts
-
Ethereum whale dumps another $17m ETH
A whale that recently deposited a huge amount of Ethereum funds to Binance has offloaded another... -
Crypto Shake-Up: Bitcoin ETFs Plummet as Ether Funds Surge Ahead
On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while... -
Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender
PRESS RELEASE. The blockchain world is buzzing, and for...