Starting today, New Yorkers can bet their encryption on Coinbase.
Stringing your assets is a simple way to place your digital assets to work, secure blockchain networks and receive rewards in return. Thanks to the leadership of Governor Hochul in the arms of progress and the provision of clarity, this milestone marks an essential step forward to ensure that the residents of Empire State have access to the same financial opportunities that are already opening to most Americans.
Betting is essential for many of the largest blockchains in the world. And rewards Staker: In return for securing the network with betting, Staker wins more of the network brands – for example, you can win ETH to bet on Ethereum’s blockchain. New Yorkers can now start gaining rewards in ETH, SOL and other assets directly on the Coinbase platform.
Coinbase commented:
“The approval of New York is another point of proof that innovation and close position of economic opportunities is bad policy. We welcome New York and hope to see this momentum continuing throughout American betting, such as the one offered by Coinbase, is not a security.”