Hawaii crypto ATM ban to take effect on Oct. 1

cointelegraph2026-08-12 tarihinde yayınlandı2026-08-12 tarihinde güncellendi

Özet

Hawaii will implement a total ban on cryptocurrency ATMs and kiosks starting October 1, following the signing of House Bill 1642 into law by Governor Josh Green in July. The legislation prohibits the ownership, operation, or management of kiosks that exchange U.S. currency for digital assets. Lawmakers cited FBI data reporting over $11 billion in digital asset scam losses nationwide in 2025, with Hawaii residents filing 826 related complaints and incurring roughly $80 million in losses. Hawaii joins Minnesota, Tennessee, and Indiana in enacting such bans, while states like South Dakota and Wyoming have imposed strict regulations. According to CoinATMRadar, 57 crypto ATMs and kiosks were operational across Hawaii's main islands as of this week.

Hawaii will soon become the latest US state to enact a total ban on cryptocurrency kiosks and ATMs after its governor signed off on legislation.

Following the passage of House Bill 1642 by Hawaii’s legislature in May, Governor Josh Green signed the legislation into law in July, setting the US state for a complete prohibition on “the ownership, operation, or management of a digital financial asset transaction kiosk that accepts United States currency from a customer in exchange for a digital financial asset.”

The bill cited data from the Federal Bureau of Investigation’s Internet Crime Complaint Center, which reported in April that Americans lost more than $11 billion from scams related to digital assets in 2025. The bureau added that it had recorded 826 complaints related to crypto from Hawaii residents in 2025, with the US state having about $80 million in losses from digital assets, including ATMs and kiosks.

Hawaii’s law follows similar legislation in Minnesota, Tennessee and Indiana, which began enforcing a total ban on digital asset kiosks in August, July and March, respectively. Other US state legislatures have proposed bans that have not been signed into law as of August, including Delaware and New Jersey, while South Dakota and Wyoming have passed laws placing strict guardrails on crypto ATM activities.

Data from CoinATMRadar showed that, as of Wednesday, there were 57 crypto ATMs and kiosks operating across four of Hawaii’s main islands.

Related: Why older users are losing so much money to crypto ATM scams

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İlgili Sorular

QWhat will Hawaii's new law ban starting from October 1st?

AThe new law bans the ownership, operation, or management of cryptocurrency kiosks and ATMs that accept U.S. currency in exchange for digital assets.

QWhich government body's data did the bill cite to support the ban on crypto kiosks?

AThe bill cited data from the Federal Bureau of Investigation’s Internet Crime Complaint Center.

QHow many other U.S. states had already enforced a total ban on digital asset kiosks before Hawaii?

AThree other states had already enforced a total ban: Minnesota, Tennessee, and Indiana.

QWhat was the reported total loss from digital asset scams for Hawaii residents in 2025 according to the FBI data?

AHawaii residents reportedly suffered about $80 million in losses from digital asset scams, including those involving ATMs and kiosks.

QHow many operational crypto ATMs and kiosks did CoinATMRadar report were in Hawaii as of the article's writing?

ACoinATMRadar reported 57 operational crypto ATMs and kiosks across four of Hawaii's main islands as of the report date.

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Hawaii's Cryptocurrency ATM Ban to Take Effect October 1

Hawaii is set to become the fourth U.S. state to completely ban cryptocurrency kiosks and ATMs, with the prohibition taking effect on October 1. Governor Josh Green signed the bill into law in July after it passed the state House in May. The law prohibits the possession, operation, or control of any digital financial asset transaction kiosk that exchanges U.S. currency for digital assets. The legislation cites FBI data reporting over $11 billion lost by Americans to digital asset fraud in 2025, with 826 complaints from Hawaii residents resulting in approximately $80 million in losses linked to such transactions, including through ATMs and kiosks. Hawaii follows Minnesota, Tennessee, and Indiana, which enacted similar bans earlier in 2025. Other states like Delaware and New Jersey have proposed bans, while South Dakota and Wyoming have passed laws imposing strict restrictions. According to CoinATMRadar, four major Hawaiian islands hosted 57 crypto ATMs and kiosks as of mid-week. Operators must cease operations by October 1 to avoid potential fines and other penalties.

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