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Kentucky drops crypto staking lawsuit against Coinbase

Kentucky has dropped its lawsuit against Coinbase over staking services, becoming the third U.S. state to roll back legal action against the exchange in recent months. On March 31, the Kentucky Department of Financial Institutions filed a joint stipulation of dismissal, officially ending its case that accused Coinbase of offering unregistered securities through its staking…

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California bill proposes protections for crypto payments and self-custody

An amended California bill that proposes protections for digital asset payments and self-custody is awaiting its first reading in the state legislature. On March 28, California’s Banking and Finance Committee chair Avelino Valencia amended Assembly Bill 1052, stripping out the original “Money Transmission Act” title and renaming it as “Digital assets.”  The revisions fold in…

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