Coinbase recently revealed that New Jersey plans to withdraw its staking enforcement order after over three years. This enforcement order had previously restricted customers from adding new assets to Coinbase’s staking service.
According to Coinbase’s quarterly filing, the New Jersey securities regulator notified the exchange of the intention to lift this restriction, signaling a significant development for staking services in the state.
This move could pave the way for expanded staking options for users in New Jersey, enhancing their ability to earn rewards on supported cryptocurrencies through Coinbase’s platform.