HB 1642: CONSUMER PROTECTION; DIGITAL FINANCIAL ASSETS; VIRTUAL CURRENCIES; KIOSKS; LIMITS; PURCHASES
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2026-03-27
Current Status:
In Progress
(2026-04-23: Received notice of Senate conferees (Sen. Com. No. 725).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Establishes limits on transactions through digital financial asset transaction kiosks. Requires operators of digital financial asset transaction kiosks to use blockchain analytics and tracing software to prevent fraud; make certain disclosures; provide receipts to customers; provide full refunds under certain circumstances; hold new customer transactions for a period of at least forty-eight hours; and provide live customer service and a dedicated communications line for the Attorney General, Office of Consumer Protection, Department of Law Enforcement, and county police departments. Effective 7/1/3000. (SD1)
Discussed in Hearing
28SECSenate Standing Committee on Judiciary
28SECSenate Standing Committee on Ways and Means
1MINSenate Standing Committee on Commerce and Consumer Protection
20MINSenate Standing Committee on Commerce and Consumer Protection
1MINSenate Standing Committee on Commerce and Consumer Protection
12MINHouse Standing Committee on Judiciary & Hawaiian Affairs
46SECHouse Standing Committee on Judiciary & Hawaiian Affairs
13MIN