New Jersey drops lawsuit against Coinbase, clearing path for crypto staking to resume

New Jersey has officially dropped its lawsuit against Coinbase, ending a legal dispute that lasted more than three years and allowing Coinbase users in the state to resume crypto staking. The state's Bureau of Securities rescinded its June 2023 cease-and-desist order on October 30; Coinbase estimates affected users missed roughly $15 million in staking rewards during the dispute.

Detected & updated continuously · Source: Nebula