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SB 2387

RELATING TO DIGITAL FINANCIAL ASSET TRANSACTION KIOSKS.

2026 Regular Session Introduced by Stanley Chang and 9 co-sponsors

Hawaii establishes licensing and operational standards for cryptocurrency and digital asset transaction kiosks to protect consumers and regulate an emerging financial services sector.

Bill scheduled to be heard by CPC on Wednesday, 03-18-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
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Bill Summary · SB 2387

Legislative bill overview

SB 2387 establishes a regulatory framework for digital financial asset transaction kiosks in Hawaii—physical machines that allow consumers to buy, sell, or exchange cryptocurrencies and other digital assets. The bill creates licensing requirements, operational standards, and consumer protections for operators of these kiosks.

Why is this important

As cryptocurrency adoption grows, unregulated kiosks can expose consumers to fraud, theft, and poor exchange rates without clear recourse. This legislation aims to bring legitimacy and oversight to a largely unregulated market sector while potentially generating revenue for the state through licensing fees.

Potential points of contention

  • Regulatory burden vs. innovation: Licensing requirements may increase operational costs for kiosk operators, potentially reducing accessibility in rural areas or limiting market competition
  • Consumer protection scope: Questions remain about whether protections are sufficient (transaction limits, dispute resolution, fraud liability) or overly broad (deterring legitimate operators)
  • Cryptocurrency policy ambiguity: The bill's stance on digital assets may conflict with evolving federal cryptocurrency regulations, creating compliance uncertainty
  • Privacy vs. AML compliance: Balance between collecting customer information for anti-money laundering purposes and protecting consumer financial privacy

Compiled from official sources — confirm details with the bill’s official record.

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