New Jersey Drops Coinbase Staking Lawsuit After Three…
By Karthik Subramanian
Source excerpt · FinanceFeeds
New Jersey has formally withdrawn its securities enforcement action against Coinbase, removing a regulatory restriction that prevented residents from staking additional cryptocurrency through the exchange for more than three years. The New Jersey Bureau of Securities rescinded its June 2023 cease-and-desist order on October 30, 2026, alongside a $5 million civil penalty imposed over allegations th…