LidoDAO Debuts wstETH on Coinbase’s Base Network
LidoDAO, the decentralized autonomous organization governing the Lido protocol, has officially launched its Wrapped Staked Ether (wstETH) on Coinbase’s Base network. This significant development, announced on November 8, 2023, marks a new chapter in the protocol’s expansion, allowing users to trade and utilize wstETH within the Base network’s burgeoning DeFi ecosystem. Lido, renowned for its […]
EBA Sets the Stage for Stablecoin Regulation in Europe
The European Banking Authority (EBA) has taken a significant step towards the regulation of stablecoins within the European Union by releasing a detailed consultation paper. This document outlines the proposed liquidity requirements for stablecoin issuers, aligning with the Markets in Crypto-Assets (MiCA) framework. The EBA’s initiative mirrors efforts in the UK to create a robust […]
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