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New Jersey drops Coinbase staking order ahead of crypto’s midterm test

Headline from Cointelegraph

Image: Cointelegraph

Key points

  • New Jersey regulators have officially removed the state's ban on cryptocurrency staking while also dropping a five million dollar penalty against Coinbase.
  • This regulatory decision clears a path for the exchange to safely restore full access to its staking services for crypto investors residing throughout the U.S. state moving forward.

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

Sources

  • CointelegraphNew Jersey drops Coinbase staking order ahead of crypto’s midterm test · 5 hours agoRead on Cointelegraph

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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