BRIEF-DFPI Issues Action Against Coinbase Citing Staking Rewards Program Violates Securities Law

* DFPI ISSUES ACTION AGAINST COINBASE CITING STAKING REWARDS PROGRAM VIOLATES SECURITIES LAW

* DFPI-ACKNOWLEDGES SEC'S CONCURRENT EFFORTS TO ENFORCE SECURITIES LAWS AND APPRECIATES INTER-AGENCY COMMUNICATION REGARDING THIS ACTION * DFPI - COINBASE STAKING REWARDS PROGRAM ACCOUNTS NATIONWIDE NOT INSURED BY FDIC OR SECURITIES INVESTOR PROTECTION CORPORATION (SIPC) Source text: https://bit.ly/3NelCaC Further company coverage: