Key takes
- Uphold has restarted the cryptographic stake service in the UK, with the latest information on regulatory authorities.
- British customers have been able to bet on tokens such as Ethereum and Solana.
Please share this article
Digital Payments Platform Uphold is exempted from the “Collective Investment Scheme” category and promotes untrained stakeen activities following the financial services of 2000 and the Ministry of Finance. arkets We have resumed to provide encrypted stake services to ACT customers.
With the renewal of this regulation on January 31, registered encryption asset service providers provide stakeen services in the British market so that users can get rewards for supporting blockchain networks. It will be clear.
By maintaining customers, you can bet digital assets, including ETH, SOL, and nearby. Some tokens can provide up to 14.8 % of returns based on the market situation.
“Staking is a unique feature of many blockchain. Crypto holders create a legitimate way to work on assets while supporting blockchain verification processes.” As you can now provide functions to the UK, you can easily access the stake.
Users who meet the minimum balance requirements of the supported POS tokens can participate in transaction verification and get rewards. This service can be used through the UPHOLD platform operated in more than 140 countries.
While maintaining the support, we have resumed the encrypted encryption in the UK, but we continue to suspend US services due to the uncertainty of regulatory authorities. This suspension was enforced in late April 2023 following guidance from US SEC.
Please share this article
