Coinbase seeks legal sanctuary in Texas amid Delaware drift

Coinbase has decided to reincorporate in Texas following a shareholder vote that approved the move, marking the end of its registration in Delaware. This shift is significant as it reflects Coinbase's strategic decision to seek a more favorable legal environment in Texas amid ongoing regulatory challenges in Delaware. The change in incorporation may provide Coinbase with new opportunities and a more supportive framework for its operations in the evolving cryptocurrency landscape.