Hawaii Bans Crypto ATMs Effective October 1 Following $80M Resident Losses

Governor Green signs HB 1642 prohibiting crypto kiosks, citing $80M in local fraud losses. Hawaii joins three other states in enforcing total bans on digital asset cash exchanges.

Woofun AI reports that Hawaii Governor Josh Green signed House Bill 1642 in July, prohibiting the ownership, operation, or management of cashless transaction kiosks exchanging U.S. currency for digital financial assets. The legislation takes effect on October 1, referencing FBI Internet Crime Complaint Center data showing Americans lost over $11 billion to digital asset fraud in 2025. Hawaii residents filed 826 complaints resulting in approximately $80 million in losses. This action makes Hawaii the fourth U.S. state, following Minnesota, Tennessee, and Indiana, to implement a comprehensive ban on crypto ATMs and cashless kiosks.