Coinbase enables staking for NY residents after regulatory approval
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11 Articles
Coinbase opens crypto staking to New York residents
Coinbase has flipped the switch on staking for one of its most crucial markets, a move that signals growing regulatory acceptance and directly challenges the stance of remaining holdout states like California and Oregon. On Oct. 8, Paul Grewal, the…
New York Approves Coinbase’s Crypto Staking » News.ng
Coinbase has officially expanded its crypto staking services to New York after receiving approval from state regulators, marking a major breakthrough for the exchange and its users in one of the most tightly regulated states in the U.S. The move now allows New Yorkers to earn staking rewards on assets such as Ethereum (ETH), Solana (SOL), and several other supported cryptocurrencies. The company announced the development in a Wednesday blog post…
The release comes after years of regulatory obstacles and represents a milestone in the integration of cryptocurrencies in the state with the strictest regulations in the U.S. *** Coinbase users in New York can now do cryptocurrencies stacking. Coinbase enabled its service in the city after the approval of local regulators. New York is known to be the strictest state for cryptos in the U.S. Coinbase launches its stacking service in New York afte…
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