{"id":476201,"date":"2025-04-23T20:00:23","date_gmt":"2025-04-23T19:00:23","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=476201"},"modified":"2025-04-23T20:00:23","modified_gmt":"2025-04-23T19:00:23","slug":"alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/","title":{"rendered":"Alabama drops case against Coinbase as crypto policy discussions evolve"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Alabama Securities Commission has officially withdrawn its legal action against <a href=\"https:\/\/cryptoslate.com\/companies\/coinbase\/\">Coinbase<\/a> over the exchange's staking program, reducing the number of active state-level lawsuits from 10 to five.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the April 23 consent order signed by Commission Director Amanda L. Senn, the agency partially withdrew its enforcement effort to allow time for evolving policy discussions.\u00a0<\/span><\/p>\n<h2>Procedural pause<\/h2>\n<p><span style=\"font-weight: 400;\">The order cited the US Securities and Exchange Commission\u2019s (SEC) announcement of a new crypto-focused task force and expectations for guidance on regulatory frameworks, including those governing staking services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Commission emphasized that its withdrawal did not reflect a change in its legal position or broader regulatory posture.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Instead, the decision was framed as a procedural pause, allowing room for emerging federal standards to take shape. Coinbase consented to the order, with both sides agreeing to bear their own legal costs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coinbase chief legal officer <a href=\"https:\/\/cryptoslate.com\/people\/paul-grewal\/\">Paul Grewal<\/a> responded to Alabama\u2019s reversal with a post on X,<\/span> <strong><a href=\"https:\/\/x.com\/iampaulgrewal\/status\/1915056873000124674\">noting<\/a><\/strong><span style=\"font-weight: 400;\"> that the company now faces active lawsuits from only five states.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Grewal urged the remaining jurisdictions to reconsider their actions and referenced sections of the Alabama order that pointed to the potential inefficiency of continuing piecemeal enforcement in light of shifting federal priorities. He <\/span><span style=\"font-weight: 400;\">also renewed calls for congressional action to establish a unified legal framework for crypto staking.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With enforcement actions still active in California, Maryland, New Jersey, South Carolina, and Wisconsin, Coinbase remains exposed to state-level legal risks.\u00a0<\/span><span style=\"font-weight: 400;\">However, if federal policy advances in the coming months, the rollback in Alabama could serve as a reference point for additional settlements or withdrawals.<\/span><\/p>\n<h2><strong>State-level enforcement<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The original enforcement action stemmed from a coordinated initiative launched on June 6, 2023, when Alabama joined nine other states in filing complaints against Coinbase.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">State regulators argued that Coinbase\u2019s model met the legal criteria for an investment contract, requiring registration or exemption under local securities laws. Some states also issued cease-and-desist orders or barred the firm from continuing staking operations pending compliance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The suits followed a multistate investigation supported by the SEC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Staking services, which involve locking up tokens to support blockchain operations in exchange for rewards, were at the center of the legal dispute.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Alabama Commission\u2019s decision to rescind its case comes two months after a federal court approved a joint motion from the SEC and Coinbase to<\/span> <strong><a href=\"https:\/\/cryptoslate.com\/sec-withdraws-coinbase-lawsuit-amid-crypto-regulatory-pivot\/#:~:text=The%20SEC%20filed%20a%20joint,regulatory%20framework%20for%20the%20sector.\">dismiss a parallel case<\/a><\/strong><span style=\"font-weight: 400;\"> with prejudice on Feb. 28.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That federal action, filed in the US District Court for the Southern District of New York, alleged similar violations related to unregistered securities sales through the staking program.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Alabama Securities Commission has officially withdrawn its legal action against Coinbase over the exchange&#8217;s staking program, reducing the number of active state-level lawsuits from 10 to five.\u00a0 According to the April 23 consent order signed by Commission Director Amanda L. Senn, the agency partially withdrew its enforcement effort to allow time for evolving policy [&hellip;]<\/p>\n","protected":false},"author":1511,"featured_media":464380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,39,77968,60793],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alabama drops case against Coinbase as crypto policy discussions evolve<\/title>\n<meta name=\"description\" content=\"Coinbase chief legal officer Paul Grewal also renewed calls for congressional action to establish a unified legal framework for cryptocurrency staking.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alabama drops case against Coinbase as crypto policy discussions evolve\" \/>\n<meta property=\"og:description\" content=\"Coinbase chief legal officer Paul Grewal also renewed calls for congressional action to establish a unified legal framework for cryptocurrency staking.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-23T19:00:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/02\/coinbase-amicus-brief.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gino Matos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gino Matos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/#person\",\"name\":\"Gino Matos\",\"url\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg\",\"caption\":\"Gino Matos\"},\"jobTitle\":\"Reporter\",\"description\":\"Gino Matos is a seasoned crypto journalist and law graduate covering Brazil\u2019s blockchain ecosystem and DeFi developments.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/pelicamatos\",\"https:\/\/www.linkedin.com\/in\/ginomatos\",\"https:\/\/muckrack.com\/gino-matos\"]},\"headline\":\"Alabama drops case against Coinbase as crypto policy discussions evolve\",\"datePublished\":\"2025-04-23T19:00:23+00:00\",\"dateModified\":\"2025-04-23T19:00:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/\"},\"wordCount\":429,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Crypto\",\"Exchanges\",\"Featured\",\"Legal\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/\",\"url\":\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/\",\"name\":\"Alabama drops case against Coinbase as crypto policy discussions evolve\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2025-04-23T19:00:23+00:00\",\"dateModified\":\"2025-04-23T19:00:23+00:00\",\"description\":\"Coinbase chief legal officer Paul Grewal also renewed calls for congressional action to establish a unified legal framework for cryptocurrency staking.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Alabama drops case against Coinbase as crypto policy discussions evolve\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/f03754c9e579651795caf77a2b00c49c\",\"name\":\"Gino Matos\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg\",\"caption\":\"Gino Matos\"},\"description\":\"Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).\",\"url\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Alabama drops case against Coinbase as crypto policy discussions evolve","description":"Coinbase chief legal officer Paul Grewal also renewed calls for congressional action to establish a unified legal framework for cryptocurrency staking.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/","og_locale":"en_US","og_type":"article","og_title":"Alabama drops case against Coinbase as crypto policy discussions evolve","og_description":"Coinbase chief legal officer Paul Grewal also renewed calls for congressional action to establish a unified legal framework for cryptocurrency staking.","og_url":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/","og_site_name":"CryptoSlate","article_published_time":"2025-04-23T19:00:23+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/02\/coinbase-amicus-brief.jpg","type":"image\/jpeg"}],"author":"Gino Matos","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Gino Matos","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/#person","name":"Gino Matos","url":"https:\/\/cryptoslate.com\/author\/gino-matos\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg","caption":"Gino Matos"},"jobTitle":"Reporter","description":"Gino Matos is a seasoned crypto journalist and law graduate covering Brazil\u2019s blockchain ecosystem and DeFi developments.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/pelicamatos","https:\/\/www.linkedin.com\/in\/ginomatos","https:\/\/muckrack.com\/gino-matos"]},"headline":"Alabama drops case against Coinbase as crypto policy discussions evolve","datePublished":"2025-04-23T19:00:23+00:00","dateModified":"2025-04-23T19:00:23+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/"},"wordCount":429,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Crypto","Exchanges","Featured","Legal"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/","url":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/","name":"Alabama drops case against Coinbase as crypto policy discussions evolve","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2025-04-23T19:00:23+00:00","dateModified":"2025-04-23T19:00:23+00:00","description":"Coinbase chief legal officer Paul Grewal also renewed calls for congressional action to establish a unified legal framework for cryptocurrency staking.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/alabama-drops-case-against-coinbase-as-crypto-policy-discussions-evolve\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Alabama drops case against Coinbase as crypto policy discussions evolve"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/f03754c9e579651795caf77a2b00c49c","name":"Gino Matos","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg","caption":"Gino Matos"},"description":"Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).","url":"https:\/\/cryptoslate.com\/author\/gino-matos\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/476201"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1511"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=476201"}],"version-history":[{"count":3,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/476201\/revisions"}],"predecessor-version":[{"id":476218,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/476201\/revisions\/476218"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/464380"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=476201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=476201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=476201"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=476201"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=476201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}