Uphold resumes staking services in the US, citing positive regulatory changes

From Cointelegraph

March 3, 2025 2:00:00 AM:

Cryptocurrency exchange Uphold has relaunched staking services in the US after resuming in the UK. Uphold customers can now earn staking rewards on 19 crypto assets starting March 3, 2025. The return comes as the SEC drops multiple crypto cases, including against Coinbase. Uphold CEO mentioned halting staking in 2023 due to regulatory uncertainty and arbitrary enforcement by the SEC.

Uphold praises the shift in US regulatory policies towards digital assets, citing a more favorable stance. CEO Simon McLoughlin highlighted the influence of crypto-aware regulators like Hester Peirce and Paul Atkins. Uphold’s decision to relaunch US staking was also influenced by the SEC dropping lawsuits against Coinbase. Staking is seen as a vital part of blockchain governance and economy.

Read more at Cointelegraph: Uphold relaunches crypto staking in the US amid regulatory shifts