01
New Jersey just dropped its three-year-old case against Coinbase's staking service.
02
Its securities regulator rescinded the 2023 cease-and-desist order on October 30, 2026.
03
The original order carried a 5 million dollar penalty, which is also withdrawn.
04
Acting Bureau Chief Keith Alt signed the withdrawal, but it was filed without prejudice.
05
The fight traces back to the SEC suing Coinbase over staking in June 2023.
06
The SEC itself dropped that case in February 2025 under a friendlier crypto stance.
07
South Carolina, Vermont, Kentucky, and Illinois followed and dropped their own staking cases.
08
California, Maryland, Wisconsin, and Washington still have active cases against Coinbase staking.