As believers, we are obligated to obey God’s moral law and should desire to do so, since that law reflects God's nature, as seen in 1 Peter:
14 As obedient children, do not be conformed to the passions of your
former ignorance, 15 but as he who called you is holy, you also be
holy in all your conduct, 16 since it is written, “You shall be holy,
for I am holy.” (ESV)
When Paul says, 'We uphold the law', he is concerned some believers might say: ‘Since Jesus met the requirements of the law for us when he died on the cross, we can ignore the law and do what we want.’ To counter such thinking, Paul expounds on this further in Romans 6:
What shall we say then? Are we to continue in sin that grace may
abound? 2 By no means! How can we who died to sin still live in it? 3
Do you not know that all of us who have been baptized into Christ
Jesus were baptized into his death? 4 We were buried therefore with
him by baptism into death, in order that, just as Christ was raised
from the dead by the glory of the Father, we too might walk in newness
of life. 5 For if we have been united with him in a death like his, we
shall certainly be united with him in a resurrection like his. 6 We
know that our old self was crucified with him in order that the body
of sin might be brought to nothing, so that we would no longer be
enslaved to sin. 7 For one who has died has been set free from sin.
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