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HI HB1560
Bill
Status
1/21/2026
Primary Sponsor
Scot Matayoshi
Click for details
AI Summary
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Adds a new part to Hawaii's consumer protection law (Chapter 481B) regulating digital financial asset transaction kiosks, effective October 1, 2026
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Prohibits kiosk operators from allowing two customers to conduct transactions with the same digital financial asset wallet address, with each violation constituting a separate offense
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Requires kiosk operators to provide full refunds for first-time customers who can prove within 60 days that their transaction was fraudulent, with documentation such as a police report or notarized declaration
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Defines "digital financial asset" as a digital representation of value used as a medium of exchange, unit of account, or store of value, excluding rewards program points, in-game currencies, and registered securities
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Establishes definitions for related terms including digital financial asset wallets, wallet addresses, and kiosk operators within Hawaii
Legislative Description
Relating To Consumer Protection.
Consumer Protection
Last Action
The committee(s) on CPC recommend(s) that the measure be deferred.
2/5/2026