News Explorer — Coinbase Will Now Be Available to Residents of Hawaii Following Regulatory Changes in the State

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Aug 13, 4:01 pm

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Coinbase Will Now Be Available to Residents of Hawaii Following Regulatory Changes in the State

Coinbase announced that residents of Hawaii will now be able to access its cryptocurrency exchange services, thanks to recent regulatory changes in the state. In 2017, Coinbase had pulled out of Hawaii due to onerous requirements imposed by the state's Division of Financial Institutions. The state had created a pilot program allowing certain exchanges to operate, but it ended in July, leading to the lifting of licensing requirements for digital currency companies.

Coinbase announced that residents of Hawaii will now be able to access its cryptocurrency exchange services, thanks to recent regulatory changes in the state. In 2017, Coinbase had pulled out of Hawaii due to onerous requirements imposed by the state's Division of Financial Institutions. The state had created a pilot program allowing certain exchanges to operate, but it ended in July, leading to the lifting of licensing requirements for digital currency companies.

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