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

from Coindesk1 month ago
The share of Lido in staked ETH has decreased further from around one third a year ago to around a quarter at the moment.
Coindeskhttps://www.coindesk.com/business/2024/04/04/ether-could-avoid-designation-as-a-security-with-centralization-risk-easing-jpmorgan-says/
Tokens on a sufficiently decentralized network are no longer securities as there is no controlling group in the Howey sense.
Coindeskhttps://www.coindesk.com/business/2024/04/04/ether-could-avoid-designation-as-a-security-with-centralization-risk-easing-jpmorgan-says/
The recent Dencun upgrade should help Ethereum to increase its dominance against alternative layer 1 blockchains and to recapture the lost market share due to previous scalability issues.
Coindeskhttps://www.coindesk.com/business/2024/04/04/ether-could-avoid-designation-as-a-security-with-centralization-risk-easing-jpmorgan-says/
Read at Coindesk
#ether #decentralized-networks #security-classification #ethereum #staking
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