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Coinbase Expects New Jersey Staking Return After State Withdraws Penalty

The withdrawal was without prejudice. Coinbase said customer access would return “very soon,” but gave no date.

Updated 1 min read
The New Jersey State House stands along West State Street in Trenton on an overcast morning / TokenPost.ai (macro)
The New Jersey State House stands along West State Street in Trenton on an overcast morning / TokenPost.ai (macro)

Coinbase has not given a date for restoring staking access in New Jersey, but said it expects to make the service available again “very soon.”

The state ended limits on Coinbase staking and withdrew a $5 million penalty. The state action affected whether customers there could use the service. The withdrawal was without prejudice.

Coinbase said it expects to make staking available again to customers in the state “very soon.” The company did not provide a timetable.

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