"" Hawaii Restricts Cash-to-Crypto Kiosk Deposits
Hawaii has enacted a law to ban cash-to-crypto kiosk transactions, effective October 1. The law, signed by Governor Josh Green on July 9, prohibits operators from owning, managing, or running kiosks that accept U.S. currency in return for a digital financial asset.
The restriction applies to kiosks that allow residents to deposit cash to buy digital assets, such as Bitcoin. However, operators may continue running kiosks that accept crypto in exchange for another digital asset or U.S. currency.
Background
The ban was enacted after the FBI recorded 92 complaints and $3.85 million in adjusted losses among state residents in 2025. Lawmakers focused on the cash deposit function, as scammers commonly direct victims to withdraw banknotes and send the money through a kiosk.
Key Points
- The ban applies to kiosks that accept U.S. currency in return for a digital financial asset.
- Operators may continue running kiosks that accept crypto in exchange for another digital asset or U.S. currency.
- The restriction will apply from October 1, with each prohibited transaction treated as a separate offense under the state's consumer protection law.
- Hawaii residents will no longer be able to insert cash into a kiosk to purchase digital assets, but the law does not prevent them from selling crypto for dollars at an eligible machine.
- The ban is narrower than those in Indiana, Tennessee, and Minnesota, which prohibit crypto kiosk operations rather than only cash-to-crypto deposits.
Categories: [News, ATM, FBI] Tags: [Hawaii, crypto, ATM, ban, regulation] image_prompt: A bold graphic of a kiosk with a red "X" marked through it, symbolizing the ban on cash-to-crypto kiosk deposits.
