BANKS ACTING AS VALIDATORS RISKS CENTRALIZATION — EVERSTAKE EXEC

Banks acting as validators risks centralization — Everstake exec. Banks dominate payments — That needs to change. Banks Blockchain Race: BNP Paribas Sends Its First Payments from Germany, UK, Netherlands. Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO. Banks to join SWIFT digital asset trials in 2025. Banks increasingly interested in Bitcoin, says Elliptic co-founder. Banks and Blockchain: Wait-and-See Approach or FOMO?. Banks failing to identify up to 90% of suspicious crypto transactions. Banks down? That is why Bitcoin was created, crypto community says. In a recent interview, 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, told Cointelegraph. nbsp;On March 7, the US Office of the Co, chief, the US Office of the Comptroller of the Currency (OCC) eased its stance on how banks can engage with, 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, told Cointelegraph. On March 7, chief operating officer of staking service provider Everstake, The new US regulation guide that allows banks to become validators for blockchain networks is a key step for adopting institutional but worsening, 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, a move hailed by some as a leap towards institutional adoption., it can actually lead to centralization., New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, including, told Cointelegraph., Bohdan Opryshko, 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, chief operating, the US Office of the Comptroller of the Currency (OCC) eased its stance on how banks can engage with crypto, New US regulatory guidance clarifies that banks can act as validators for proof-of-stake networks. New US regulatory guidance allowing banks..