Uphold News

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.

Cred sued Uphold in June over a jointly promoted crypto yield product called CredEarn.

The 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.

A total of 200 crypto firms have applied for the U.K.’s “crypto license,” but tough requirements have forced many to withdraw their applications.

Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin.

Mastercard keeps its focus on the digital asset industry, echoing moves by its main competitor, Visa.

The acquisition will reportedly allow Uphold to launch fractional equities in the United States in 2021.

After 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.

The 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.

After getting some boundaries in which to operate from the SEC, IMVU's new blockchain-based token will be a major test case for crypto.

The payments processor and exchange is committing to only delist XRP if and when the lawsuit is resolved.

“Combine a digital asset with a rainforest carbon offset and give everyone in the world access."

A supposed Uphold user said that the first issues on CredEarn started on Oct. 15.

A new service from Uphold allows crypto holders in Latin America to invest in Amazon, Google or Tesla for as little as 10,000 Satoshis.

XRP TipBot has avoided closure due to the Netherlands' strict implementation of AMLD5 via a partnership with Uphold.