Uphold logo seen displayed on a smartphone screen. Source: Rafael Henrique - stock.adobe.com

Key Takeaways:

Uphold resumes US crypto staking, citing a more favorable regulatory environment and renewed policy support.
Staking returns with 19 supported assets, including ETH, ATOM, and DOT, with weekly rewards in the same token.
Regulatory shifts drive the change, as the SEC drops multiple crypto cases, signaling a more open stance on digital assets.

Uphold has relaunched its crypto staking services in the United States, citing a more favorable regulatory environment.

The company announced on March 3, 2025, that US customers can now stake 19 cryptocurrencies, including Ethereum (ETH), Cosmos (ATOM), and Polkadot (DOT), with weekly rewards distributed in the same asset.

🚨JUST IN: CRYPTO PLATFORM UPHOLD TO RELAUNCH STAKING SERVICES FOR CRYPTOCURRENCIES LIKE $ETH, $ATOM, AND $DOT IN THE U.S. TODAY
— BSCN Headlines (@BSCNheadlines) March 3, 2025

This move follows the SEC’s recent shift in approach, including dropping several crypto-related cases, such as its lawsuit against Coinbase.

CEO Simon McLoughlin noted that Uphold initially suspended staking in 2023 due to regulatory uncertainty and SEC enforcement actions, including a $30 million fine on Kraken’s staking program.

At the time, the SEC argued that staking providers lacked transparency in asset protection and disclosures.

However, McLoughlin now sees the US regulatory environment as more accommodating, with figures like Hester Peirce and Paul Atkins leading a shift toward “common sense crypto policy.”

He emphasized that staking is essential to blockchain governance and should be accessible to users.

With this renewed confidence, Uphold is reintroducing staking to its US customers, marking a significant step in the evolving relationship between crypto firms and regulators.