[Hawaii to Officially Enforce Cryptocurrency ATM Ban on October 1]
According to a report by Cointelegraph, Hawaii will officially enforce a cryptocurrency ATM ban starting October 1, becoming the fourth U.S. state to implement such a ban. Governor Josh Green signed House Bill 1642 into law in July, prohibiting any entity from owning, operating, or managing digital financial asset transaction machines that accept U.S. dollars in exchange for digital financial assets. The bill cites FBI data indicating that by 2025, losses from digital asset-related scams across the U.S. will exceed $11 billion, with Hawaii residents filing 826 complaints and incurring approximately $80 million in losses. Data from CoinATMRadar shows that there are currently 57 cryptocurrency ATMs still operating across Hawaii's four main islands.
