Cryptocurrency Q&A Does Coinbase offer staking offerings to Illinois residents?

Does Coinbase offer staking offerings to Illinois residents?

Giovanni Giovanni Thu Dec 12 2024 | 6 answers 1671
I'm wondering if Coinbase provides staking services to people living in the state of Illinois. I want to know if I can earn rewards by staking my crypto assets through Coinbase while being a resident of Illinois. Does Coinbase offer staking offerings to Illinois residents?

6 answers

HallyuHeroine HallyuHeroine Sat Dec 14 2024
The State Securities Department conducted an investigation into Coinbase's staking offerings.

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DongdaemunTrendsetterStyleIconTrend DongdaemunTrendsetterStyleIconTrend Sat Dec 14 2024
The department found that Coinbase had offered these staking offerings to residents of Illinois.

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InfinityEcho InfinityEcho Fri Dec 13 2024
However, Coinbase had failed to register these securities with the department.

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JejuJoyfulHeartSoulMate JejuJoyfulHeartSoulMate Fri Dec 13 2024
This was a violation of state securities laws.

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Daniele Daniele Fri Dec 13 2024
Coinbase had nearly 3.5 million accounts that held staking offerings.

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