Coinbase pauses staking services in four US states following regulators’ orders
COIN
-1.58%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
United States-based cryptocurrency exchange Coinbase (NASDAQ:COIN) has announced it will be temporarily stopping customers from staking additional assets in four states amid legal proceedings from local regulators.
In a July 14 blog post, Coinbase said users in California, New Jersey, South Carolina and Wisconsin would be restricted from using certain staking services until further notice. Following the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against the crypto exchange in June for offering unregistered securities, regulatory bodies in 10 U.S. states started their own legal proceedings, prompting the suspension of certain services.
