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.
The question’s been answered. 🇬🇧 UK customers, you can stake $ETH and $ADA on Bitstamp!It’s simple, secure, and sorted in just a few taps.Keen to get started? Tap here: https://t.co/GKqJBruRtg pic.twitter.com/UsG3DukZij
– Bitstamp Uk (@bitstampuk) May 27, 2025
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.
Early this year, the UK Treasury amended its regulations by separating blockchain validation activities, such as cryptocurrency staking,
from collective investment schemes, providing clearer regulatory guidance for
the crypto industry.
UK Treasury updates Financial Services and Markets Act 2000, excluding #crypto staking from collective investment schemes. Effective Jan 31, the change recognizes staking as a blockchain validation process, not an investment scheme, providing clarity for market participants. pic.twitter.com/jwPG2qjAbL
– Ugat (@mrdollars123) January 10, 2025
The amendment allowed UK crypto users to participate in
network validation without the stricter oversight applied to investment
schemes. It clarified the definitions for “qualifying crypto assets,” reducing
previous uncertainties that caused staking to be misclassified alongside pooled
investments.
Last year, Robinhood Markets announced its agreement to buy Bitstamp. Founded in 2011, Bitstamp operates offices in Luxembourg, the UK,
Slovenia, Singapore, and the US. The final deal consideration is expected to be
almost $200 million in cash.
This article was written by Jared Kirui at www.financemagnates.com.
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