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

Coinbase announced it has secured regulatory clearance to offer staking services to New York residents.

Coinbase Gains Staking Access in New York
Coinbase 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 Assets
The 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 Works
Eligible 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.