Coinbase has expanded its crypto staking services for New York residents, allowing users to stake Ethereum, Solana, and Cosmos tokens among others. This move marks a significant step toward increasing crypto accessibility and potentially boosting asset inflows within the state. Coinbase’s entry is part of a larger regulatory landscape, with the company aiming for compliance and expansion in various states. Key highlights include: 1) New York users can now stake Ethereum, Solana, Cosmos, and more. 2) The service offers over 16% annual yield on the Cosmos blockchain, making it a competitive offering. 3) Coinbase’s presence in this key market signals potential future expansion to states with complex regulatory environments. Coinbase’s move follows verified state regulations, bringing its service to a total of 46 states and excluding four for which regulatory processes are still pending.