In a recent analysis, JP Morgan’s Global Markets Strategy team has shed light on key developments within the Ethereum network that could significantly influence its classification under securities law. The report comes at a critical juncture for ETH, as the Swiss-based foundation is under investigation by the US Securities and Exchange Commission (SEC).
Why Ethereum Is Not A Security
JP Morgan highlights the continued decrease in Lido’s share of staked ETH, which has fallen from about one-third a year ago to roughly a quarter currently. This shift towards a more decentralized staking ecosystem could alleviate regulatory concerns regarding centralization within the Ethereum network.
“Positive for the ethereum network, the share of Lido in staked ETH has decreased further from around one third a year ago to around a quarter at the moment. This should reduce concerns about concentration in the Ethereum network, thus raising the chance that Ethereum will avoid being desi
We współpracy z: https://bitcoinist.com/jp-morgan-reason-ethereum-not-security/
