TechFlow News — Bitget was invited to attend the 2023 Hong Kong Web3 Festival. Zero CHU, Head of Asset Management at Bitget, shared insights during a panel discussion on "Staking Economics and Regulation."
He pointed out that Ethereum’s PoS mechanism and its substantial liquidity will attract investment institutions and family offices to invest in and stake ETH. With the emergence of projects lowering staking barriers and new LST yield aggregator platforms, the staking sector is poised for a new wave of innovation and momentum. Furthermore, regulatory actions by the U.S. SEC do not place the crypto community in a passive position; instead, they encourage dialogue. Bitget is committed to building its own compliance team and advancing licensing efforts, actively applying for licenses in Hong Kong and other jurisdictions, and engaging proactively with regulators.
