Bitstamp has revealed its decision to cease offering ETH staking services to its US clientele effective from September. This move comes at a juncture when the SEC has ramped up its enforcement activities within the crypto space.
CatherineThis decision comes as a result of legal actions taken by the SEC against prominent exchanges such as Binance and Coinbase, in which the regulatory body asserted that certain tokens, including the ones Bitstamp is discontinuing, meet the criteria for being classified as securities.
BrianThe acquisition involved shares previously owned by an American investment firm, Pantera Capital, specializing in digital assets and asset-focused companies.
OthersBitstamp makes a U-turn on the planned €10 'inactivity fee' against users after widespread criticism, cites administrative fees as the reason for the proposed move.
CointelegraphNejc Kodrič, Julian Sawyer and now Jean-Baptiste Graftieaux... It's unclear what led to the latest change in leadership of one of the oldest crypto exchanges.
CointelegraphBitstamp now requires users to provide info like nationality, place of birth and tax residency, in addition to documents proving the origin of crypto and the annual income.
CointelegraphUncertainty over regulation remains a key barrier to crypto investing, according to Bitstamp.
Cointelegraph