Hawaii HB1642 prohibits digital financial asset transaction kiosks from accepting U.S. currency for digital assets.
Hawaii HB1642 amends state law to prohibit operators of digital financial asset transaction kiosks from accepting U.S. currency in exchange for digital financial assets, effective October 1, 2026. The bill defines digital financial asset transaction kiosks as electronic devices that facilitate the exchange of digital financial assets for U.S. currency. The prohibition aims to protect consumers from scams facilitated by these kiosks, which have led to significant financial losses.
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