New Jersey regulators have withdrawn their staking enforcement order and the associated $5 million penalty against Coinbase, clearing the path for the exchange to resume staking services in the state. The move follows a settlement agreement between Coinbase and New Jersey authorities.
However, future enforcement actions remain possible if compliance issues arise. CEO Brian Armstrong confirmed that staking access will return "very soon" for New Jersey users.
New Jersey Withdraws Coinbase Staking Order and $5M Penalty, Clearing Path for Service Restart
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