Coinbase’s Staking Approval: A New Era for Crypto Regulation?
The Significance of Coinbase’s Staking Approval
Coinbase just got the green light to offer staking services in New York, huh? This is kinda huge. Not only does this allow New Yorkers to earn nice rewards by staking popular digital assets like Ether and Solana on Coinbase directly, but it also signifies a meaningful shift in New York’s historically tight grip on digital assets. Governor Kathy Hochul is apparently on board with this, making it possible for many more Americans to access crypto services.
This isn’t just about New York, though. Millions of New Yorkers can now stake, and this might just push other states to rethink their regulations. It comes at a time when Coinbase estimates that residents in places like California and New…
