Hawaii – DIGIT INFO

Hawaii emerging as crypto hub following new crypto regulations

DIGIT — Thu, 12 Sep 2024 14:08:06 +0000

The Aloha state’s new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet.

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Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes

DIGIT — Tue, 13 Aug 2024 17:46:11 +0000

The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations, enabling Coinbase to offer its platform to Hawaiian users. Hawaii Residents Gain Access to Coinbase’s Full Suite of Crypto Tools Coinbase’s entry into the Hawaiian […]

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Robinhood is now available In Hawaii and select U.S. territories

DIGIT — Tue, 02 Jul 2024 17:06:03 +0000

The brokerage platform took advantage of Hawaii’s recent change to money transmitter licensing to expand to the non-contiguous United States.

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Hawaii crypto firms no longer need MT license, regulator rules

DIGIT — Mon, 01 Jul 2024 08:34:56 +0000

While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws.

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Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses

DIGIT — Mon, 01 Jul 2024 01:10:47 +0000

The U.S. state of Hawaii’s regulatory sandbox concludes today. Crypto companies will no longer require a Hawaii-issued money transmitter license to conduct business within the state. However, they must comply with federal regulations. Hawaii’s Regulatory Sandbox Concludes The Department of Commerce and Consumer Affairs of Hawaii and the Hawaii Technology Development Corporation (HTDC) issued an […]

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Oprah and The Rock collect crypto donations for Maui wildfires victims

DIGIT — Fri, 01 Sep 2023 08:24:00 +0000

The Rock and Oprah Winfrey launched the People’s Fund of Maui to provide direct financial support to those affected by the calamity.

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Crypto donations fund fire relief efforts on Maui

DIGIT — Wed, 30 Aug 2023 16:30:08 +0000

The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui.

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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

DIGIT — Wed, 29 Mar 2023 23:19:56 +0000

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday […]

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SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value

DIGIT — Fri, 17 Mar 2023 19:05:00 +0000

On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District of New York. The company stated that it is no longer associated with Silicon Valley Bank (SVB) after the Federal Deposit Insurance Corporation (FDIC) placed it into receivership last week. 3 […]

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Hawaii Senate committees favor task force to regulate crypto, blockchain

DIGIT — Tue, 03 May 2022 07:47:18 +0000

The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public sectors.

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