Coinbase Navigates Legal Battles over Staking Services

Coinbase is facing ongoing legal challenges related to its staking services, with four states—California, New Jersey, Maryland, and Wisconsin— issuing cease-and-desist orders, halting new user sign-ups for these programs. While Washington continues a lawsuit without banning staking activities, the firm’s efforts to offer staking rewards are being hampered by the legal barriers. 40 Million in User Rewards Impacted