Summary: Uphold, a global crypto-financial platform, offers its services to over 180 countries, but availability and extent of services can vary due to country-specific regulations. Some countries have restrictions due to unique regulatory climates or conflicts.
The Uphold Card, which allows real-time transactions of various assets, is currently available in the UK. Uphold is regulated by the Financial Crimes Enforcement Network (FinCEN) in the US and the Financial Conduct Authority (FCA) in the UK, among others. Users should confirm Uphold's services in their jurisdiction before use.
What Countries is Uphold Available?
Uphold is accessible to customers in more than 180 countries across the globe. This includes North America, United Kingdom, Europe, Australia and most countries in Asia, South America and Africa. Nevertheless, the reach of these services is country-specific, as Uphold adheres to licensing mandates set by regulatory bodies in distinct jurisdictions.
Despite the international demand for Uphold's cutting-edge crypto-financial solutions, there are restrictions on the platform's full services in specific countries owing to unique regulatory prerequisites. Consequently, because of these regulatory subtleties, the comprehensive suite of services furnished by Uphold's progressive trading platform may not be available to users outside of certain sanctioned jurisdictions.
What Countries Does Uphold Restrict?
Uphold doesn't offer its services in a variety of countries worldwide, due to regulatory restrictions. These include numerous locations across different continents such as Africa, Asia, Europe, and the Pacific. Certain countries with restricted services range from those in conflict zones, like Syria and North Korea, to others with particular regulatory climates, such as Cuba and Iran.
Additionally, Uphold currently can't offer new accounts in a broader list of countries, which includes some in the Americas, Europe, Africa, and Asia, amongst others. This is due to varying local regulations and restrictions in these jurisdictions.
Uphold Card Countries
The Uphold Card is currently available to customers in the United Kingdom. This debit card service allows users to spend their cryptocurrencies, precious metals, and other assets in real time. It's important to note that the issuance of the Uphold Card in the UK is fully regulated and licensed by the Financial Conduct Authority (FCA), ensuring secure and compliant transactions for users.
Where Is Uphold Regulated and Licensed?
Uphold is regulated and licensed in various jurisdictions around the world. In the United States, it is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Service Business. Additionally, Uphold Europe Limited is regulated by the UK's Financial Conduct Authority (FCA).
In other regions, Uphold ensures its operations are in compliance with local laws and regulations. However, as regulations regarding cryptocurrencies and financial services differ greatly by country, the specific countries where Uphold is licensed may vary.
In conclusion, Uphold offers its crypto-financial services to customers in over 180 countries, but availability can be limited due to country-specific regulations. Despite a global reach, specific restrictions apply in certain countries, primarily due to their unique regulatory environments. Additionally, Uphold provides a specialized debit card service for UK customers, enabling real-time transactions with various assets.
Uphold's operations are regulated and licensed by reputable financial authorities like the Financial Crimes Enforcement Network (FinCEN) in the US and the Financial Conduct Authority (FCA) in the UK. Always remember to verify Uphold's availability and services in your jurisdiction before engaging in transactions. For a deeper dive into the platform, read our Uphold Review.