Transparent financial processes are essential for every business, and the cryptocurrency industry is no different. There is hope yet for companies and individuals who want to participate in the Web3 space.
Uphold News
Uphold was launched by Halsey Minor in November 2014 with a simple, yet impactful vision: We believe if you can change money, you can change the world. Uphold is reimagining the world of money and finance from the ground up. We want to change and transform the splintered world of finance -- from basic banking needs, payments and money transfer to the global financial ecosystem itself. The future is a world where every person on earth has access to safe, transparent, fair and free financial services.
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Cred sued Uphold in June over a jointly promoted crypto yield product called CredEarn.
3945The platform advised users to withdraw funds quickly, noting it would halt trading for Venezuela-based clients on July 31, with all accounts “fully restricted” beginning Sept. 30.
3113A total of 200 crypto firms have applied for the U.K.’s “crypto license,” but tough requirements have forced many to withdraw their applications.
5481Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin.
4067Mastercard keeps its focus on the digital asset industry, echoing moves by its main competitor, Visa.
20310The acquisition will reportedly allow Uphold to launch fractional equities in the United States in 2021.
5710After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021.
7680The token, which has gotten a lot of attention for its interesting way of placating U.S. regulators, is now live for IMVU users in over 140 countries.
5990After getting some boundaries in which to operate from the SEC, IMVU's new blockchain-based token will be a major test case for crypto.
9623The payments processor and exchange is committing to only delist XRP if and when the lawsuit is resolved.
15798“Combine a digital asset with a rainforest carbon offset and give everyone in the world access."
6388A supposed Uphold user said that the first issues on CredEarn started on Oct. 15.
6817A new service from Uphold allows crypto holders in Latin America to invest in Amazon, Google or Tesla for as little as 10,000 Satoshis.
10773XRP TipBot has avoided closure due to the Netherlands' strict implementation of AMLD5 via a partnership with Uphold.
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