Key Notes

New York becomes the 46th US state where Coinbase offers staking after resolving regulatory concerns with local authorities.

CEO Brian Armstrong emphasizes that staking should not be classified as securities and urges other states to drop related lawsuits.

The move follows broader industry trends, including Grayscale's ETF staking addition and eToro's tiered reward program launch.

Coinbase announced on October 8 that its staking services are now available to New York residents. This expands access to rewards on cryptocurrencies such as Ethereum ETH $4 514 24h volatility: 0.5% Market cap: $544.76 B Vol. 24h: $39.71 B , Solana SOL $224.6 24h volatility: 0.4% Market cap: $122.61 B Vol. 24h: $7.21 B , and others, wi

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