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NY Opens Doors: Coinbase Now Lets New Yorkers Stake Ethereum & More

coinpaprika.com

5 hour ago

NY Opens Doors: Coinbase Now Lets New Yorkers Stake Ethereum & More

Coinbase Gains Staking Access in New YorkCoinbase has obtained regulatory clearance to extend its staking program to residents of New York, marking the exchange’s first staking access under the state’s strict BitLicense framework. Staking Eligibility and Supported AssetsThe approval allows New York users to stake supported assets—currently Ethereum, Solana, and others—subject to Coinbase’s jurisdiction-based eligibility rules that limit staking availability in certain regions. How the Process WorksEligible users can stake directly from their Coinbase balances and unstake after network-specific waiting periods. Assets remain in user ownership throughout the staking cycle, according to Coinbase’s published documentation. Staking Eligibility and Supported AssetsThe approval allows New York users to stake supported assets—currently Ethereum, Solana, and others—subject to Coinbase’s jurisdiction-based eligibility rules that limit staking availability in certain regions. How the Process WorksEligible users can stake directly from their Coinbase balances and unstake after network-specific waiting periods. Assets remain in user ownership throughout the staking cycle, according to Coinbase’s published documentation. How the Process WorksEligible users can stake directly from their Coinbase balances and unstake after network-specific waiting periods. Assets remain in user ownership throughout the staking cycle, according to Coinbase’s published documentation.

https://coinpaprika.com/news/ny-opens-doors-coinbase-now-lets-new-yorkers-stake-ethereum-more/