The post Uphold relaunches crypto staking in the United States (USA) appeared on BitcoinEthereumNews.com.

Uphold has reactivated crypto staking services in the United States (USA), after a period of suspension due to regulatory uncertainties. This change has been made possible thanks to a new regulatory policy more favorable towards digital assets, as announced by the company itself. This move follows the restoration of staking in the United Kingdom and promises to offer American users the opportunity to earn rewards on 19 crypto assets, including Ether and Polkadot. Uphold reactivates crypto staking in the USA: what does it mean for investors? As anticipated, from today, March 3, 2025, Uphold customers in the United States will once again be able to participate in staking, receiving weekly rewards in the same staked cryptocurrency.  This rally is a direct reaction to the relaxation of crypto regulations in the USA, marked by the withdrawal of several legal cases by the Securities and Exchange Commission (SEC), including those against Coinbase, the largest crypto exchange platform in the United States. The CEO of Uphold, Simon McLoughlin, emphasized that the lack of regulatory clarity had forced the company to temporarily suspend the staking service. The SEC, under the leadership of Gary Gensler, had indeed adopted an approach of “regulation by enforcement.” Specifically criticizing many staking providers for not providing adequate information to customers on how the staked assets were protected. Now, the new presidential administration has significantly changed the regulatory environment in the United States.” Hester Peirce, head of the SEC’s crypto working group, and Paul Atkins, potential new chairman of the SEC, are now in key positions to positively influence crypto regulation. This change in leadership is viewed with optimism by Uphold, which considers staking a crucial component of the blockchain economy and governance. The decision by the SEC to withdraw the cases against Coinbase has had a significant impact on…

---

Filed under: News - @ March 3, 2025 12:26 pm