Coinbase announced today (Wednesday) that it has received approval to offer cryptocurrency staking services to residents of New York, expanding its staking access to 46 states in total. The decision allows users in the state to stake assets such as Ethereum and Solana directly through Coinbase’s platform. The approval follows a period of regulatory review by New York authorities. Staking allows cryptocurrency holders to lock their tokens to help secure blockchain networks and earn rewards in return. The service is already available to users in most other U.S. states. Coinbase described the move as an important step ... (full story)