Uphold, the cryptocurrency trading platform, has resumed its crypto staking services in the U.S. from March 3, 2025. This marks a new direction in the regulatory landscape for digital assets.
Staking Returns with Weekly Rewards
From March 3, Uphold’s U.S. customers will be able to stake their assets and earn weekly rewards in the same cryptocurrency they stake. This includes major cryptocurrencies such as ETH, ATOM, and DOT.
SEC’s Regulatory Shift and Impact
Uphold’s decision to relaunch staking in the U.S. is influenced by recent SEC actions. The decision to drop lawsuits against major crypto exchanges, including Coinbase, signals a shift in the regulatory body's collaborative approach to cryptocurrencies.
A Positive Step for Crypto Adoption
Uphold’s decision to unlock crypto staking in the U.S. is beneficial for users looking to earn passive rewards and reflects the shifting regulatory landscape for cryptocurrencies in the country.
Uphold’s reinstatement of staking services is crucial for the crypto market, highlighting the potential for innovation in a more stable and positive regulatory environment.