Bitstamp Halts Ether Staking Services for U.S. Customers Due to Regulatory Concerns

One of the leading cryptocurrency exchanges, Bitstamp, has communicated its intention to conclude its Ether (ETH) staking service for users in the U.S. by September 25, 2023. Upon this action, all staked assets will be returned, and both rewards and principal amounts will be transferred into Bitstamp customer accounts. A minor delay may be experienced during this transition, alerts Bobby Zagotta, the U.S. CEO and chief commercial officer at Bitstamp. Staking rewards on the Bitstamp platform come with a 15% commission charge. ETH stakers experience a monthly reward rate of 4.50%, whereas...

source: https://tokenpost.com/Bitstamp-Halts-Ether-Staking-Services-for-US-Customers-Due-to-Regulatory-Concerns-10566

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