Hawaii Senate committees favor task force to regulate crypto, blockchain
Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved the launch of a specialized task force to explore the use and regulation of the crypto ecosystem. In a letter addressed to the President of the Hawaii Senate, Ron Kouchi, legislative members Donovan Dela […]
Hawaii had largest increase in demand for crypto out of US states this year
A new report from MiQ Digital indicates that demand for cryptocurrency has increased the most in the U.S. states of Hawaii and California in 2021. According to data gathered from Google Trends comparing the average interest from 2020 to 2021, MiQ Digital reported that Hawaii had seen a more than 687% increase in demand for […]
Arthur Hayes seeks voluntary surrender in Hawaii court with $10 million bail
Lawyers negotiating on behalf of Arthur Hayes, one of four BitMEX executives and co-owners accused of violating the Bank Secrecy Act by United States authorities, have finalized the terms of his proposed voluntary surrender to a Hawaii court on April 6. As a letter submitted to the Southern District Court of New York outlines, the counsel’s negotiations […]
New Hawaii bill seeks to create state-led blockchain working group
A new partisan bill introduced by Democrats in Hawaii’s House of Representatives on Monday, Jan. 26, is advocating a targeted strategy for studying and supporting the use of blockchain technology by individuals, firms and state agencies. Hawaii House Bill 622 (HB622) calls for the passage of an act that would require the state’s economic development […]