BITSTAMP TO SUSPEND TRADING OF MAJOR ALTCOINS FOR US USERS

Summary from the TLDR Crypto newsletter

Bitstamp is suspending trading of Axie Infinity, Chiliz, Decentraland, Polygon, Near, Sandbox, and Solana for US customers, with all seven tokens being named by the SEC as securities. Users will still be able to hold the seven tokens in their accounts and withdraw them at any time. The SEC’s allegations against the tokens have not yet been proven in a court of law. It currently alleges that 68 cryptocurrencies are securities.