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Following Robinhood Deal Announcement, Bitstamp Launches UK Staking for Ethereum and Cardano

Bitstamp now offers its UK staking services for
Ethereum (ETH) and Cardano (ADA) through its new Bitstamp Earn Staking service.

UK Clarity Triggers Market Action

According to the announcement, UK customers can stake
ETH directly via their Bitstamp accounts. Staking will be enabled automatically for those who deposit ADA, though users can opt out if they choose.

Bitstamp’s staking model mirrors the Proof-of-Stake
(PoS) mechanism, where users delegate tokens to network validators and earn
rewards in return. Returns stand at up to 3.10% APY for Ethereum and 1% for
Cardano.

The UK Treasury’s move in January 2025 removed
longstanding legal uncertainty about staking. By excluding it from CIS
regulations, officials effectively gave exchanges the approval to offer staking
without jumping through the challenges tied to traditional fund management.

Bitstamp plans to distribute rewards weekly or monthly, depending on the token. Importantly, Bitstamp itself
imposes no lock-up periods, although staking networks may set their own terms
and fees.

UK’s Regulatory Changes

This launch marks the first notable move by a major
exchange to expand UK-based staking services in response to regulatory changes.
It also reflects growing demand among retail and institutional clients for
lower-risk ways to engage with digital assets.

Expect ongoing updates as this story evolves.

This article was written by Jared Kirui at www.financemagnates.com.

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