Bitstamp Halts Trading For Solana, Other Key Tokens
Major exchange Bitstamp has announced a significant change to its offerings that will primarily affect its American customers, causing shockwaves throughout the cryptocurrency industry.
A number of prominent tokens, including Axie Infinity, Chiliz, Decentraland, Polygon, NEAR, Sandbox, and most significantly, Solana, will have their trading activities temporarily halted by Bitstamp.
This action has been taken in response to a constantly changing regulatory environment that has forced the exchange to carefully review its portfolio.
This temporary order freeze for the tokens is the result of the trading suspension. Existing orders for numerous trading pairs will be cancelled.
Howerevr, users will still be able to store these assets in their Bitstamp accounts and withdraw them whenever they want.
(With inputs from Shikha Singh)
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