The ASC action doesn’t forbid Coinbase from offering staking as a service as long as it complies with the law, but the order itself was the result of a task force of 10 state securities regulators in the U.S., namely Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Carolina, Vermont, Washington and Wisconsin.
Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege
