Why accepting crypto payments over €1,000 on Bitstamp can reportedly freeze your assets starting tomorrow
Bitstamp appears set to automatically reject crypto deposits over €1,000 from third-party self-custody wallets starting Aug. 18. Reported notices say deposits from other exchanges are unaffected, and customer-owned self-custody wallets are not clearly covered by a blanket ban. Bitstamp has not publicly confirmed the notice, and the affected entities, jurisdictions, account types, and exact timing remain unclear. Bitstamp’s API already includes tools to classify deposit origin and verify control of external addresses, including ownership checks, Satoshi tests, and xpub registration. A rejected deposit is not automatically returned on-chain; support must be contacted to send funds back. EU Regulation 2023/1113 requires checks on self-hosted address ownership above €1,000, but it does not mandate automatic rejection of all such transfers.
