New Jersey Clears Coinbase Staking Hurdle, Questions Remain

TLDR New Jersey has withdrawn its 2023 Coinbase staking order and the associated $5 million penalty. The state regulator rescinded the order on October 30 without deciding whether Coinbase violated securities law. Coinbase estimates New Jersey residents missed more than $15 million in staking rewards during the restrictions. Coinbase CEO Brian Armstrong said staking access [...]

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