Image: Bitcoin Magazine New Jersey's regulator rescinded its 3-year ban on Coinbase staking, ending a $5M penalty and restoring access for users who lost an estimated $15M in rewards. This signals a shifting state-level regulatory landscape. ⚡ Key Takeaways New Jersey’s securities regulator officially rescinded its 2023 cease-and-desist order against Coinbase staking on October 30, 2026. The decision ends a three-year ban for New Jersey residents and withdraws a $5 million penalty against Coinbase. New Jersey users missed an estimated $15 million in staking rewards during the restriction period. The action, made 'without prejudice,' does not resolve the fundamental legal question of whether staking constitutes a security. 📑 Table of Contents New Jersey Ends Three-Year Coinbase Staking Ban The Unwinding of a Multi-State Regulatory Standoff Market Implications and User Impact What to Watch Next in the Staking Regulatory Landscape Bottom Line New Jersey's Bureau of Se...