Coinbase Launches Crypto Staking in New York: A Regulatory Milestone

Coinbase has launched cryptocurrency staking services in New York, marking a significant milestone for the exchange. This new offering provides residents of the state with the opportunity to earn rewards on assets like Ethereum and Solana, for the first time. The move follows Coinbase’s announcement earlier today, which acknowledged the regulatory clarity provided by New York Governor Kathy Hochul’s administration. 46 states now offer staking opportunities as a result.