hawaii

ChainCatcher news, Harris has won 4 electoral votes from Hawaii. This marks the tenth consecutive time Hawaii has chosen a Democratic candidate for the presidential election.The last time the state selected a Republican for the nation's highest office was 40 years ago, when Ronald Reagan won in 1984.Hawaii is a solidly Democratic state, with the Democratic Party controlling all statewide elected offices and the state's two U.S. House seats. The Democrats have long held more than three-quarters of the seats in the state House and Senate. The Associated Press announced Harris's victory at 12:00 AM Eastern Time.

ChainCatcher news, cryptocurrency exchange Coinbase has started offering crypto services in Hawaii. Hawaii residents can use the exchange to stake assets and make international money transfers, as well as buy, sell, and manage their cryptocurrencies on Coinbase.

ChainCatcher news, Robinhood announced that its cryptocurrency trading service is now live in Hawaii, Puerto Rico, and the U.S. Virgin Islands. Users can now trade cryptocurrencies through the Robinhood platform in these regions.

ChainCatcher news, according to Bitcoin.com, the Hawaii Department of Business and Consumer Affairs and the Hawaii Technology Development Corporation (HTDC) announced on Friday that the state's regulatory sandbox—Digital Currency Innovation Lab (DCIL) will end on June 30. DCIL is a two-year pilot program that allows participating digital currency companies to operate in Hawaii without a state money transmission license. The end of the program means that these companies will no longer need this license to conduct business in Hawaii, but they must still comply with federal licensing, registration requirements, and consumer protection and anti-money laundering regulations.It is reported that a total of 11 companies participated in this sandbox program, including Apex Crypto, Bitflyer USA, etc., which will transition between July 1 and December 30. Notably, Blockfi, which had previously filed for bankruptcy protection, is also among them.Prior to this, cryptocurrency companies in Hawaii had to obtain a money transmission license to operate. The end of the sandbox program marks a new adjustment in Hawaii's regulatory policy towards digital currency companies.

ChainCatcher News, the state of Hawaii in the United States has announced that cryptocurrency companies no longer need to obtain a money transmitter license issued by Hawaii to operate in the state, shifting its regulatory stance from strict to lenient. Hawaii regulators believe that cryptocurrency exchanges fall under their regulatory scope and require these exchanges to maintain cash reserves equivalent to their digital assets. To address this issue, Hawaii has partnered with the Hawaii Technology Development Corporation to establish a Digital Currency Innovation Lab, allowing exchanges to temporarily provide services to customers in the state without the fear of regulatory action.It is reported that Hawaii had previously launched a Digital Currency Innovation Lab (DCIL), but the program faced multiple delays due to the state legislature's failure to establish a clear regulatory framework. Ultimately, Hawaii decided to discontinue the program and leave the regulation of the digital currency sector to the federal government. The Department of Financial Institutions (DFI) of Hawaii and the Hawaii Technology Development Corporation (HTDC) jointly announced that this decision was made to balance innovation and regulatory responsibilities.