Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25. The exchange cited the US regulatory environment as a deciding factor. 

The Luxembourg-based cryptocurrency exchange Bitstamp announced it would end ETH staking services to its US customers on September 25. The exchange told Blockworks it would shutter staking services due to the US regulatory environment.  

Bitstamp Cites Uncertain US Regulatory Environment

In a statement, Bitstamp US CEO Bobby Zagotta said:

“As a result, US customers will stop receiving staking rewards. All other Bitstamp services will remain unaffected.” 

He continued to say,

“Customers will continue earning staking rewards up until September 25, 2023, and after …