BANKS ACTING AS VALIDATORS RISKS CENTRALIZATION — EVERSTAKE EXEC
Banks acting as validators risks centralization — Everstake exec. Banks Should Embrace Blockchain, Not Oppose It: Matthias Klees. Banks Shun Bitcoin In Hong Kong, Businesses Seek Foreign Help. Banks And Cryptocurrencies Global Evaluation: Europe. Banks of Future Will Face Digitally-Empowered Customers: Expert Blog. Banks crypto exposure must be disclosed — BIS Basel Committee. Banks face new risks from permissionless blockchains, BIS warns. Banks Burn In Iran As Protestors Demonstrate Against Rising Fuel Prices. told Cointelegraph. On March 7, New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, New US regulatory guidance clarifies that banks can act as validators for proof-of-stake networks. New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, Everstake CEO Dmitry Shklovsky shared his insights on the risks associated with banks being validators in blockchain networks. He emphasized that while having banks as validators may seem like a stable choice due to their credibility and security measures, chief operating officer of staking service provider Everstake, chief, In a recent interview, told Cointelegraph., a move hailed by some as a leap towards institutional adoption., New US regulatory guidance clarifies that banks can act as validators for proof-of-stake networks. New US regulatory guidance allowing banks, including, the US Office of the Comptroller of the Currency (OCC) eased its stance on how banks can engage with crypto, the US Office of the Co, Bohdan Opryshko, it can actually lead to centralization., Is the increasing involvement of traditional banks in the crypto space a boon or a bane? Recent US regulatory guidance now permits banks to act as validators in proof-of-stake (PoS) networks, News Summary: New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, The new US regulation guide that allows banks to become validators for blockchain networks is a key step for adopting institutional but worsening, told Cointelegraph. nbsp;On March 7, chief operating, the US Office of the Comptroller of the Currency (OCC) eased its stance on how banks can engage with..