Bitstamp will reportedly start rejecting crypto deposits exceeding 1,000 euros from third-party self-custody wallets on August 18. The new rule targets wallets owned by someone other than the Bitstamp account holder, while deposits from other exchanges remain unaffected. Rejected deposits will not be automatically returned to senders; customers must contact support to arrange the return of their funds. Bitstamp has not publicly confirmed the notice, and the exact launch time, affected jurisdictions and account types remain undisclosed. The measure aligns with EU Regulation 2023/1113, which requires crypto-asset service providers to verify ownership of self-hosted addresses for transfers exceeding 1,000 euros.
Source: Read the original article
