Regulation1 source
New Jersey Drops Coinbase Staking Order After Three Years
Headline from Bitcoin Magazine
Key points
- New Jersey state securities regulators have officially dropped a cease-and-desist order alongside a $5 million financial penalty previously levied against cryptocurrency exchange Coinbase.
- The legal action, which targeted the company's retail staking rewards service, was originally filed three years ago in 2023 before the state authorities ultimately decided to rescind the enforcement order.
Summarized automatically by Kryptokite from reporting by Bitcoin Magazine. Read the original sources for full detail.
Coins mentioned
Sources
- Bitcoin MagazineNew Jersey Drops Coinbase Staking Order After Three Years · 2 hours agoRead on Bitcoin Magazine
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