PANews reported on October 9th that, according to Decrypt , Coinbase announced the launch of crypto staking in New York. Users can stake Ethereum , Solana , Cosmos , Cardano , Avalanche , Polygon , Polkadot , and more. Cosmos is expected to offer an annualized yield of over 16% , while Ethereum is approximately 1.9% . Coinbase stated that it is proceeding with the launch under clear state regulations. Its staking service now covers 46 states, excluding California, New Jersey, Maryland, and Wisconsin. This move follows the resignation of Adrienne Harris , former director of the New York Department of Financial Services, who reached a $ 100 million settlement with Coinbase in 2023 over compliance and control deficiencies.PANews reported on October 9th that, according to Decrypt , Coinbase announced the launch of crypto staking in New York. Users can stake Ethereum , Solana , Cosmos , Cardano , Avalanche , Polygon , Polkadot , and more. Cosmos is expected to offer an annualized yield of over 16% , while Ethereum is approximately 1.9% . Coinbase stated that it is proceeding with the launch under clear state regulations. Its staking service now covers 46 states, excluding California, New Jersey, Maryland, and Wisconsin. This move follows the resignation of Adrienne Harris , former director of the New York Department of Financial Services, who reached a $ 100 million settlement with Coinbase in 2023 over compliance and control deficiencies.
Coinbase receives approval to launch crypto staking service in New York
2025/10/09 07:59
PANews reported on October 9th that, according to Decrypt , Coinbase announced the launch of crypto staking in New York. Users can stake Ethereum , Solana , Cosmos , Cardano , Avalanche , Polygon , Polkadot , and more. Cosmos is expected to offer an annualized yield of over 16% , while Ethereum is approximately 1.9% . Coinbase stated that it is proceeding with the launch under clear state regulations. Its staking service now covers 46 states, excluding California, New Jersey, Maryland, and Wisconsin. This move follows the resignation of Adrienne Harris , former director of the New York Department of Financial Services, who reached a $ 100 million settlement with Coinbase in 2023 over compliance and control deficiencies.
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