Bitget Asset Director Zero CHU: The POS mechanism of ETH and high liquidity will attract investment and staking
ChainCatcher news, Bitget was invited to participate in the 2023 Hong Kong Web3 Carnival. Bitget's Asset Management Director Zero CHU shared insights during the roundtable discussion on "Staking Economics and Regulation." He pointed out that the POS mechanism of ETH and its immense liquidity will attract investment institutions and family offices to invest in and stake ETH.
With the emergence of projects that lower the barriers to staking and new LST gun pools, it is believed that the staking track will spark a new wave of innovation and momentum. The regulation by the U.S. Securities and Exchange Commission does not mean that the crypto community will fall into a passive situation; rather, it will promote communication. Bitget is committed to building its own compliance team to advance licensing matters and is currently actively applying for licenses in places like Hong Kong, while also engaging in proactive communication with regulators. (source link)