Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Coinbase is launching a campaign against four state governments that refused to drop lawsuits to prevent staking services from the U.S. crypto exchange.

Coinbase targets state holdouts with new campaign

First in The Vault: Coinbase is launching a campaign against four state governments that have refused to drop lawsuits to prevent the U.S. crypto exchange from providing staking services to their residents.

Coinbase, like much of the American crypto sector, has seen its legal prospects brighten with the change in administrations. The Securities and Exchange Commission has abandoned its Biden-era litigation against Coinbase. But four holdouts – Wisconsin, Maryland, New Jersey and California – have declined to drop their lawsuits.

Subscripion logo

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.