Crypto broker Uphold has announced the relaunch of its staking services in the United Kingdom, following adjustments to meet evolving regulatory requirements. The move comes after the UK’s Financial Conduct Authority (FCA) tightened oversight on crypto-related activities, prompting several platforms to pause or modify their offerings. With this relaunch, UK users will once again be able to earn rewards on their staked digital assets within a fully compliant framework.
Uphold’s staking service will initially support major proof-of-stake (PoS) cryptocurrencies, allowing users to participate in blockchain validation and earn passive income. The platform emphasized that it has worked closely with regulators to ensure transparency, security, and consumer protection, addressing concerns raised by the FCA’s recent crackdown on high-risk crypto products.
The UK has been refining its crypto regulatory landscape, introducing stricter rules on advertising, staking, and digital asset custody. Uphold’s ability to relaunch staking services signals a more structured regulatory environment, which could encourage greater institutional and retail participation. As the UK positions itself as a crypto-friendly hub, regulated staking offerings may become a key component of the country’s digital finance ecosystem.
With staking gaining traction as a preferred method of earning passive crypto income, Uphold’s move could set a precedent for other platforms looking to operate within the UK’s legal framework. The success of this relaunch may also influence global regulatory discussions on how staking services should be structured to ensure compliance and investor protection.
