Bitstamp Launches Staking for UK Ethereum, Cardano Holders

Bitstamp, a Luxembourg-based crypto exchange, announced on May 27, 2025, its launch of staking services for Ethereum and Cardano for its UK customers.

The launch signifies a move to leverage recently clarified UK regulations on cryptocurrency staking, potentially influencing the expansion strategies of other crypto exchanges.

Bitstamp Offers 3.1% APY on UK Ether Staking

Bitstampโ€™s new staking service for UK users emerged following clarified crypto regulations earlier this year. Customers can now earn up to 3.1% APY on Ethereum, bolstering the options available for passive income in the crypto market.

James Sullivan, Bitstampโ€™s Group General Counsel, emphasized the serviceโ€™s compliance with evolving UK crypto regulations. The exchangeโ€™s decision follows the UK Treasuryโ€™s exclusion of crypto staking from investment scheme regulations in January, paving the way for these offerings.

Staking to Boost Bitstampโ€™s User Engagement

The introduction of staking is expected to enhance user engagement with Bitstampโ€™s platform, reflecting positively on the exchangeโ€™s financial metrics. The service provides new opportunities for revenue generation for UK crypto holders.

Experts note that this move could stimulate interest in Ethereum and Cardano, possibly increasing their liquidity. Historical precedents suggest such regulatory clarity often galvanizes more institutional interest, signaling potential growth in UKโ€™s crypto sector.

UKโ€™s Regulatory Clarity Mirrors Global Trends

The UK Treasuryโ€™s recent decision is mirrored by similar regulatory shifts globally, like those in the European Union. Historically, such regulatory support tends to encourage innovation in crypto services, as seen in other markets.

Experts from Kanalcoin observe that Bitstampโ€™s launch comes at an opportune time, likely accelerating competitiveness among exchanges. They suggest that this regulatory clarity may lead to further product diversification in the near future.

James Sullivan, Group General Counsel, Bitstamp, said, โ€œThe evolving UK crypto regulations are designed to foster innovation while safeguarding consumersโ€”a balance Bitstamp has championed from day one. Our new staking service offers UK customers a reliable, compliant way to earn up to 3.1% APY, demonstrating how regulatory clarity can drive responsible innovation.โ€
Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.