Coinbase restores cryptocurrency staking services in New Jersey

Coinbase has restored crypto staking services for New Jersey users after the state withdrew its lawsuit against the exchange and lifted a stop order, allowing eligible assets to be staked with annual yields of up to 12%. The reversal resolves a legal restriction that had blocked New Jersey customers from accessing Coinbase's staking products. The move matters because it expands Coinbase's staking-eligible user base in a key U.S. state and signals a easing of state-level regulatory pressure on the service. Watch for whether other states follow New Jersey in withdrawing similar staking actions and for any change in Coinbase's staking revenue and participation metrics.