Bill > HB1647

This bill aims to protect consumers from fraud facilitated by digital financial asset transaction kiosks, often called cryptoATMs, which allow users to buy and sell digital assets like cryptocurrency using cash or cards. The bill establishes that the "host" of such a kiosk, meaning either the operator of the kiosk or a business that allows a kiosk on its premises through a contract, has a duty to supervise its use to prevent fraud. If fraud occurs through a kiosk on their premises, the host can be fined $500. This rule applies to new hosting contracts entered into after the bill becomes law, and for existing contracts, it will take effect on July 1, 2027. The bill defines key terms like "digital financial asset" (a digital representation of value used for exchange, not legal tender, with some exceptions for rewards programs, in-game currency, and securities) and "digital financial asset transaction kiosk" (a machine that exchanges cash or card payments for digital financial assets).

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https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1647&year=2026