Mmastodon BusinessCrypto first seen 3 d ago, last 3 d ago, peak #3
New Jersey drops Coinbase staking ban and $5 million penalty
Original: 🪙 JUST IN: New Jersey drops its Coinbase staking ban and scraps a $5 million penalty. Staking access for Coinbase users
New Jersey has withdrawn its ban on Coinbase's staking services and scrapped a $5 million penalty against the company. Crypto users in the state are expected to regain access to staking, and observers see the move as part of a broader easing of regulatory pressure on crypto platforms in the United States.
Why now: Regulators softening enforcement against a major crypto exchange is significant news for staking users and the wider crypto industry.
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