Zero CHU, director of asset management at Bitget, said at the roundtable discussion on "Staking Economics and Regulation" at the 2023 Hong Kong Web3 Carnival that Ethereum's PoS mechanism and huge liquidity will attract investment from investment institutions and family offices and pledge Ethereum. With the emergence of projects that lower the threshold for staking and new LST smart pool projects, it is believed that a new round of innovation and flywheel will emerge from the staking track. The supervision of the US Securities Regulatory Commission does not mean that the encryption community will fall into a passive situation, but will promote communication. Bitget is committed to building its own compliance team and promoting license matters. It is also actively applying for licenses in Hong Kong and other places, and actively communicating with regulators.