Gomining Taps Uphold for Regulated Backend

GoMining has partnered with Uphold to run its regulated machinery behind its Bitcoin app, which serves 5 million users and ranks among the top-10 Bitcoin miners by hashrate. The integration allows GoMining to leverage Uphold's Platform-as-a-Service for onboarding, KYC/AML compliance, fraud controls, custody, and liquidity.

The deal is centered around speed, with building these features in-house taking several years. By using an API integration, GoMining can access Uphold's regulatory perimeter, which includes FinCEN and US state regulators, FCA registration in the UK, and the Bank of Portugal in the EU.

Every transaction on GoMining will be polled across Uphold's 30-plus centralized and decentralized trading venues, providing institutional-grade execution and pricing to a retail mining audience. This partnership marks a shift in the crypto consumer app market, where companies are opting to rent regulated machinery rather than build it themselves.