US users now have access to staking services via Uphold.
The crypto exchange now offers staking to Ethereum and Polkadot amid positive US regulatory improvement.
Uphold, a popular crypto trading platform, has reintroduced its staking services to US crypto investors. Beginning March 3, users can now stake and earn rewards from 19 cryptocurrencies, including Ethereum (ETH), Cosmos (ATOM), and Polkadot (DOT).
Uphold Brings Back Staking Service to the US
“We’re delighted to offer staking services to our US customers once again,” Uphold CEO Simon McLoughlin announced. The firm initially halted US staking in 2023 due to SEC regulatory concerns and enforcement actions under the former government.
However, with a pro-crypto government in the White House now, Uphold considers it the right time to bring back its staking service. Simon McLoughlin commented that the US regulatory ecosystem has transitioned towards a softer approach under President Donald Trump’s new administration. He
