Big news for Coinbase! Vermont dropped its lawsuit against the company. This is important because Vermont thought Coinbase's 'staking' program was illegal. Staking is like helping keep a cryptocurrency network safe, and getting rewards for it. This decision could change things for other lawsuits.
- Vermont stopped its lawsuit against Coinbase.
- The lawsuit was about Coinbase's staking program.
- Coinbase says staking isn't illegal.
- Other states might drop their lawsuits too.
| Fact | Detail |
|---|---|
| Number of states that initially sued | 10 |
| Outcome of Vermont's lawsuit | Dismissed |
| Coinbase's position on staking | Not a security |
