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Coinbase enables staking for NY residents after regulatory approval

Summary by Cointelegraph
New York has approved crypto staking services, allowing residents to earn rewards on digital assets like ETH and SOL for the first time, according to Coinbase.
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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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u.today broke the news in on Wednesday, October 8, 2025.
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