Coinbase has restored its crypto staking services for customers in New Jersey after regulators withdrew a 2023 cease-and-desist order on October 30. Eligible users can now stake supported cryptocurrencies and earn up to 12% APY. The original order barred Coinbase from offering staking-related securities in the state unless they were registered or qualified for an exemption under state law. It also included a $5 million civil penalty. Coinbase will continue pursuing staking access in Wisconsin, Maryland, California and Washington.
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