Big news for Coinbase, a company that lets people buy and sell cryptocurrency! Vermont, a US state, dropped its legal case against Coinbase. This is because the federal government also dropped a similar case. This means Coinbase's way of letting people 'stake' their crypto (like earning interest in a savings account) might not be illegal after all.
- Vermont stopped its lawsuit against Coinbase.
- Coinbase's staking service might not be against the law.
- Other states might follow Vermont's example.
- Coinbase thinks the US government needs clearer rules about crypto.
| Fact | Details |
|---|---|
| Case Dropped | Vermont dropped its case against Coinbase. |
| Staking | A way to earn interest on your cryptocurrency. |
| Future | More clarity on crypto rules is expected. |
