this post was submitted on 31 Dec 2024
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The original post: /r/cryptocurrency by /u/SnooPineapples4321 on 2024-12-31 19:17:36.

I've had two ETH staked on coinbase for years, but in 2023 Wisconsin banned Coinbase from allowing any new staking. I know a bunch of other states also have beef with Coinbase.

Has anyone emailed their State organizations that banned coinbase staking and asked for any timeline or pathway to allowing this moving forward?

I just emailed the Wisconsin DFI at [[email protected]](mailto:[email protected]) and expressed my frustration. I'm sure it won't go anywhere but it would be nice to get a response. I know there are other ways to stake, but Coinbase makes it easy. Yeah yeah not your keys not your coins. I feel its more likely I'll lose my own keys in a house fire than that coinbase will get hacked or whatever and I'll lose it all. They've been around since 2016 and stayed strong through COVID. I'd rather stake on Coinbase than hold on Robinhood (which is also uninsured and in the unlikely event Robinhood goes under I'll probably lose it)

Anyway, happy new year!

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