In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit.
With Ethereum validators being required to stake 32 ETH, Ethereum could become more centralized and susceptible to censorship from governments.
Though he did not specify any particular crypto, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws.
Lido dominates ethereum staking with exchanges like Coinbase and Kraken following.
Ethereum has merged to full Proof of Stake. The hash has flatlined in an end of an era.
The show of pandas is about to begin with just hours to go until ethereum merges to Proof of Stake.