HB1277

Hawaii HB1277 sets a daily cap of $2,000 for digital financial asset transactions at kiosks.

Hawaii HB1277 amends Chapter 481B of the Hawaii Revised Statutes to introduce a cap on daily transactions at digital financial asset transaction kiosks. Operators of these kiosks can accept or dispense no more than $2,000 per day from or to a single customer. The bill defines "digital financial asset" and excludes certain transactions from this definition, such as those involving affinity or rewards programs. This legislation aims to regulate the flow of digital financial assets within the state.