Coinbase Gets Regulator’s Nod to Launch Crypto Staking Services in New York

Coinbase has secured regulatory approval to expand its staking services to New York, allowing residents to earn rewards on crypto assets such as Ether and Solana. The move follows recent rulings in several US states dismissing lawsuits against the exchange’s staking model. While New York’s decision highlights progress for Coinbase, tensions remain with other regulators, as states like Oregon continue to raise concerns over unregistered securities offerings.