Crypto Staking Resumes in UK Treasury Eases

Uphold Resumes Crypto Staking in the UK After Regulatory Update

• Uphold has relaunched crypto staking services for UK customers.
• The relaunch follows an amendment to the Financial Services and Markets Act 2000.
• The amendment exempts crypto staking from the “collective investment scheme” category.
• UK users can stake tokens like Ethereum, Solana, and NEAR with returns up to 14.8%.
• Staking services remain suspended in the US due to regulatory uncertainty.

Uphold has resumed offering crypto staking services in the UK after a regulatory update clarified that such activities are not part of the “collective investment scheme” category. This allows UK users to stake tokens like Ethereum, Solana, and NEAR with potential returns of up to 14.8%, while US services remain suspended due to ongoing regulatory issues.