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JPMorgan

Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says

April 4, 2024 by Admin
Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says

Staking platform Lido’s share of staked ether (ETH) has continued to fall, which should reduce concerns about concentration in the Ethereum network, raising the chance that ETH won’t be designated as a security in the future, JPMorgan (JPM) said in a research report on Wednesday. “The share of Lido in …

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