BlockBeats News, August 6th, Lido posted a statement stating, "Lido welcomed the SEC's guidance released yesterday, which confirmed that liquid staking and similar receipt-style tokens like stETH do not constitute securities, providing the long-awaited regulatory clarity for Lido and the entire industry. Lido's operations in the U.S. now have gained increased regulatory clarity, eliminating the previous uncertainty shadow that hindered institutional adoption and DeFi integration."
This position has opened the door for U.S.-based platforms, financial institutions, and users to more freely utilize Lido. Without worrying about triggering securities laws, more protocols may integrate stETH, further expanding its use cases in the DeFi space. This also strengthens the reasons for centralized exchanges and fintech platforms to support Lido's liquid staking, potentially attracting more capital."