SB2387 regulates digital financial asset transaction kiosks in Hawaii, setting daily transaction limits and requiring fraud prevention measures.

SB2387 amends Hawaii Revised Statutes to regulate digital financial asset transaction kiosks. It sets a daily transaction limit of $2,000 or the equivalent in digital financial assets per customer. Operators must disclose their contact information, law enforcement contacts, and the risks of digital financial assets. They must also use blockchain analytics to prevent fraud and block transactions to overseas exchanges. Upon reporting fraud, customers can receive a full refund within 90 days. The bill also mandates clear disclosures, receipts, and a warning about potential fraud.

SB2387 regulates digital financial asset transaction kiosks in Hawaii, setting daily transaction limits and requiring fraud prevention measures.

SB2387 amends Hawaii Revised Statutes to regulate digital financial asset transaction kiosks. It sets a daily transaction limit of $2,000 or the equivalent in digital financial assets per customer. Operators must disclose their contact information, law enforcement contacts, and the risks of digital financial assets. They must also use blockchain analytics to prevent fraud and block transactions to overseas exchanges. Upon reporting fraud, customers can receive a full refund within 90 days. The bill also mandates clear disclosures, receipts, and a warning about potential fraud.