Bitstamp, one of the prominent cryptocurrency exchanges, has announced its decision to terminate Ethereum (ETH) staking services for its US clientele. This move, exclusive to the United States, comes as a result of regulatory challenges in the country’s cryptocurrency landscape. 

Users are granted a brief window until September 25 to continue earning rewards on their staked Ethereum assets. Subsequent to this date, the staked tokens will be automatically unstaked and returned to users’ accounts.

In an official statement, Bistamp’s national Chief Executive Officer Bobby Zagotta cited regulatory complexities in the US as the driving force behind this strategic shift. The lack of clarity surrounding the legal status of cryptocurrencies has created a challenging environment for …