Welcome Back Staking: Uphold Resumes Crypto Staking Services in the U.S.
The post Welcome Back Staking: Uphold Resumes Crypto Staking Services in the U.S. appeared on BitcoinEthereumNews.com.
Great news for crypto enthusiasts in the United States! Uphold, a popular cryptocurrency exchange, has just announced the exciting return of its crypto staking services. After a temporary pause due to evolving regulatory guidelines, U.S. users can once again earn rewards on their crypto holdings. This move signals a significant shift in the landscape of digital asset services within the country. Let’s dive into the details of this comeback and what it means for you. Uphold Revives Crypto Staking in the US: What’s Changed? In a recent announcement that’s making waves across the crypto community, Uphold confirmed the reactivation of its staking services for users in the United States, effective March 3rd. This revival comes after the exchange had to halt these services in 2023, citing concerns over the U.S. Securities and Exchange Commission’s (SEC) evolving stance on crypto staking. The big question is, what prompted this change of heart? While Uphold hasn’t explicitly detailed the exact regulatory policy changes, their decision to relaunch suggests a potentially clearer or more navigable regulatory environment for crypto staking in the U.S. Here’s a quick recap of the key points: Staking Services are Back: Uphold has resumed crypto staking services for U.S. users. Effective Date: The services went live on March 3rd. Reason for Pause (Previously): Temporary suspension in 2023 due to SEC guidance. Current Status: Resumption indicates possible positive regulatory developments or clarity. Which Cryptocurrencies Can You Stake and What are the Rewards? For those eager to start earning, Uphold is offering staking for a diverse range of 19 different crypto assets. This provides users with ample choice to stake their preferred cryptocurrencies and diversify their potential rewards. Here are some of the prominent cryptocurrencies now available for crypto staking on Uphold: Ethereum (ETH): The leading smart contract platform. Cosmos (ATOM): Known…
Filed under: News - @ March 3, 2025 10:20 am