Bill > SB2387

This bill establishes regulations for digital financial asset transaction kiosks, which are machines that exchange U.S. currency for digital assets like Bitcoin. Operators of these kiosks will be limited to accepting no more than $2,000 per day and $10,000 in a 30-day period from a single customer to prevent fraud. To combat illicit activities, operators must use blockchain analytics and tracing software to identify and block transactions to wallets associated with fraud or overseas exchanges inaccessible to U.S. users, and they must provide transaction evidence to law enforcement upon request. The bill mandates clear disclosures to customers about transaction terms, risks associated with digital financial assets (which are not government-backed and lack FDIC or SIPC protection), and contact information for reporting fraud. Operators must also provide both paper and electronic receipts detailing the transaction, charges, exchange rates, and refund policies. Crucially, if a customer reports a fraudulent transaction within specific timeframes and provides a police or government report, the operator must issue a full refund in the original currency within 72 hours. Additionally, operators are required to offer live customer service during operating hours and maintain a dedicated communication line for state and county law enforcement agencies to facilitate fraud investigations.

Business and Industry, Justice

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2387&year=2026