The leading cryptocurrency exchange – Bitstamp – will reportedly disallow US customers to stake cryptocurrencies from September 25.
The decision comes as a result of the “current regulatory dynamics” in the world’s largest economy, Chief Executive Officer Bobby Zagotta said.
US Citizens Affected Once Again
The world’s longest-running crypto exchange – Bitstamp – will become the latest digital asset organization to halt certain offerings to American clients due to the hostile attitude from the US Securities and Exchange Commission (SEC).
Staking services (pledging tokens to help validate transactions on the blockchain network and later earning rewards) will no longer be available from the end of September.
The SEC waged war on such offerings in February this year when it pressed charges against the crypto exchange Kraken. The watchdog accused the company of providing an unregistered crypto-staking program, demanding its termination. Kraken agreed and vowed to pay $3
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