Hawaii HR 94: REQUESTING THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS, FOLLOWING THE COMPLETION OF THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS' DIVISION OF FINANCIAL INSTITUTIONS' AND HAWAII TECHNOLOGY DEVELOPMENT CORPORATION'S STUDY, TO RECONSIDER ITS 2016 RULING ON ASSET RESERVE REQUIREMENTS FOR DIGITAL CURRENCY COMPANIES, VIRTUAL CURRENCY COMPANIES, AND CRYPTOCURRENCY COMPANIES TO CONDUCT BUSINESS IN HAWAII AND TO ALIGN THE STATE'S ASSET RESERVE REQUIREMENTS FOR THESE COMPANIES WITH THE ASSET RESERVE REQUIREMENTS IN OTHER STATES.

Status: Resolution adopted in final form. (as of 2021-03-31)

State: Hawaii · Session: 2021 Regular Session · Bill: HR 94

Subjects: Asset Reserves, Cryptocurrency, DCCA, Digital Currency, Division of Financial Institutions, Money Transmitters Act, Virtual Currency

Sponsors: AQUINO, B. KOBAYASHI, BRANCO, GANADEN, HOLT, LUKE, QUINLAN, TODD, TOKIOKA, Wildberger

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