Lido: The US SEC clarifies that liquid staking is not a security, which helps to promote institutional adoption and the development of the Decentralized Finance ecosystem.

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On August 6, Lido stated, "The guidance released by the SEC yesterday confirms that liquid staking and similar receipt-type 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 greater regulatory clarity, eliminating the shadow of uncertainty that previously hindered institutional adoption and DeFi integration. This position opens the door for domestic platforms, Financial Institutions, and users in the U.S. to use Lido more freely. With no concern about triggering securities laws, more protocols may integrate stETH, further expanding its application scenarios in the DeFi space. This also strengthens the rationale for centralized trading platforms and fintech platforms to support Lido's liquid staking, which is expected to bring in more capital flows."

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