Relating To Consumer Protection.
Summary
Beginning October 1, 2026, this bill prohibits the ownership, operation, or management of digital financial asset transaction kiosks that accept U.S. currency from customers in exchange for digital financial assets. The prohibition applies to any entity operating such kiosks in Hawaii. The bill becomes effective on July 1, 3000.
Sponsor
Last action
The committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
Apr 8, 2026
Topics
Co-sponsors (6)
Legislative history
The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
The committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
The committee(s) on JDC/WAM will hold a public decision making on 04-08-26 10:15AM; Conference Room 211 & Videoconference.
Reported from CPN (Stand. Com. Rep. No. 3319) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC/WAM.
Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM.
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
The committee(s) on CPN deferred the measure until 03-24-26 9:45AM; Conference Room 229 & Videoconference.
The committee(s) on CPN has scheduled a public hearing on 03-18-26 9:30AM; Conference Room 229 & Videoconference.
Received from House (Hse. Com. No. 146).
Passed First Reading.
Referred to CPN, JDC/WAM.
Reported from JHA (Stand. Com. Rep. No. 992-26), recommending passage on Third Reading.
Passed Third Reading with none voting aye with reservations; Representative(s) Alcos, Garcia, Matsumoto, Muraoka, Pierick, Shimizu voting no (6) and Representative(s) Perruso, Quinlan, Sayama excused (3). Transmitted to Senate.
The committee on JHA recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 8 Ayes: Representative(s) Tarnas, Poepoe, Belatti, Hashem, Kahaloa, Sayama, Takayama; Ayes with reservations: Representative(s) Shimizu; 1 Noes: Representative(s) Garcia; and 1 Excused: Representative(s) Cochran.
Bill scheduled to be heard by JHA on Tuesday, 03-03-26 2:00PM in House conference room 325 VIA VIDEOCONFERENCE.
Reported from CPC (Stand. Com. Rep. No. 236-26) as amended in HD 1, recommending passage on Second Reading and referral to JHA.
Passed Second Reading as amended in HD 1 and referred to the committee(s) on JHA with none voting aye with reservations; Representative(s) Garcia, Pierick voting no (2) and none excused (0).
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Kong, Lowen, Marten, Tam; Ayes with reservations: none; 1 Noes: Representative(s) Pierick; and 1 Excused: Representative(s) Iwamoto.
Bill scheduled to be heard by CPC on Thursday, 02-05-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
Referred to CPC, JHA, referral sheet 1
Introduced and Pass First Reading.
Prefiled.