Bitstamp Rolls Out ETH and ADA Staking in UK Post-Robinhood Deal—Just as Traditional Finance Starts Sweating

London’s crypto traders just got a new passive income play. Bitstamp—fresh off its Robinhood partnership announcement—flipped the switch on Ethereum and Cardano staking for UK users today.

Staking goes live: The exchange now lets UK customers earn yields on two major proof-of-stake assets, no middleman required. Timing’s conspicuous—right as traditional banks push ’risk-free’ 0.5% savings accounts.

Behind the move: Bitstamp’s clearly capitalizing on its Robinhood deal momentum. But let’s be real—this is also a naked grab for defectors from Kraken, which got kneecapped by the FCA’s new staking rules last quarter.

The cynical take: Another exchange dangling shiny APY% to mask the fact they’re all racing to become the same homogenized crypto supermarket. At least the yields beat your bank’s ’high interest’ savings account—assuming regulators don’t kill this party too.