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[Coinbase Launches Crypto Staking Services in New York State] Coinbase announced the official launch of crypto staking services in New York State, ending years of regulatory restrictions that prevented the company from offering related services to local users. New York State users can now stake major crypto assets through the Coinbase platform, including Ethereum (ETH), Solana (SOL), Cosmos (ATOM), Cardano (ADA), Avalanche (AVAX), Polygon (MATIC), and Polkadot (DOT). Previously, Coinbase reached a $100 million settlement agreement in 2023 with Adrienne Harris, the former head of the New York State Department of Financial Services. The company stated that this move allows New York State residents to enjoy staking rewards consistent with users in other states, further promoting the adoption and application of crypto assets.

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