Trading will soon be halted for several popular cryptocurrencies on the Bitstamp exchange for users in the United States.
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Bitstamp to Suspend Trading of Major Altcoins for US UsersBitstamp, a cryptocurrency exchange, will suspend trading of several major altcoins for US users. The decision comes after the SEC alleged that these tokens are securities. Bitstamp has requested its users to complete any desired buy or sell orders involving the affected assets before August 29, 2023. After this deadline, trading activities related to AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL will be permanently disabled on the Bitstamp platform.
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Bitstamp to Delist SOL, MANA, MATIC Among Other Altcoins in US Thanks to SECBitstamp, a major cryptocurrency exchange, has announced its plans to delist several popular digital currencies, including Polygon (MATIC), Decentraland (MANA), The Sandbox (SAND), and others, following the US Securities and Exchange Commission's (SEC) decision. Trading of these coins will cease on August 29th.
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Bitstamp to Halt Trading in Polygon, Solana and Other Tokens in the USCrypto exchange Bitstamp is suspending trading of MATIC, SOL, NEAR, AXS, CHZ, MANA, and SAND tokens in the U.S. starting from August 29th. These tokens have been deemed unregistered securities by the U.S. Securities and Exchange Commission.
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Pro-XRP Bitstamp Halts Trading for Solana (SOL) and Other Major TokensXRP-friendly exchange Bitstamp unexpectedly suspends trading for Solana (SOL), AXS, MATIC, and other major tokens. This move is not investment advice and is provided for informational purposes only.
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Bitstamp crypto exchange to raise funds for global expansionBitstamp has started a new fundraising campaign to expand its services in Europe, Asia, and the United Kingdom. The crypto exchange began the fundraising process in late June, with Galaxy Digital Holdings acting as an adviser.
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Bitstamp raising funds for European derivatives, Asian markets: BloombergBitstamp, the longest-running crypto exchange, has been in talks since June to raise funds for derivatives and Asian expansion. The company is not actively looking to sell, but is focused on raising money through strategic investors to accelerate growth and provide new products and services to customers.
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