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Coinbase Says New Jersey Users Can Resume Staking as Regulator Rescinds 2023 Cease-and-Desist Order

Headline from Unchained

Image: Unchained

Key points

  • Coinbase announced that its users in New Jersey can now resume cryptocurrency staking services.
  • This development follows a decision by the state's Bureau of Securities to officially withdraw a cease-and-desist order originally issued in 2023.
  • The regulator rescinded the enforcement action without ruling on its merits, while Coinbase executives indicated that four additional states may be next.

Summarized automatically by Kryptokite from reporting by Unchained. Read the original sources for full detail.

Sources

  • UnchainedCoinbase Says New Jersey Users Can Resume Staking as Regulator Rescinds 2023 Cease-and-Desist Order · 3 hours agoRead on Unchained

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