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New Jersey Drops Coinbase Staking Ban and $5 Million Penalty

COINOTAG·November 2, 2026·1 min read
New Jersey Drops Coinbase Staking Ban and $5 Million Penalty

New Jersey's securities bureau rescinded its 2023 Coinbase staking order, dropping a $5 million penalty. Four states still bar staking on the exchange. This move follows the state's withdrawal of its lawsuit against Coinbase, potentially allowing users to resume staking services after years of restrictions.

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