Hawaii Lawmakers Rally Against Regulations on Crypto Trading By CoinQuora

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Hawaii Lawmakers Rally Against Regulations on Crypto Trading
  • Hawaii lawmakers pushed for the state to become more crypto-friendly.
  • The legislators think the state has the worst crypto environment at the moment.
  • The new measure will see Hawaii create new rules for regulating and licensing crypto firms.

Cryptocurrency trading in Hawaii has been a topic of much concern and priority among the government, lawmakers, and crypto enthusiasts. Crypto firms in the state are hitting hard against government regulations and licenses, and some lawmakers are in support of them.

State Senator Bennette Misalucha is among those advocating for the state to consider changing its rules concerning crypto regulation and licensing. This is due to existing laws not favoring the crypto firms and investors as the companies exchanging US dollars for crypto cannot operate in the state.

If you look at the worst cryptocurrency environment, one of which would be Hawaii. For instance, there is a rule that says for every dollar that’s invested, you have to have reserves. And so for many companies, they may not want to bother with Hawaii …

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Hawaii Lawmakers Rally Against Regulations on Crypto Trading
  • Hawaii lawmakers pushed for the state to become more crypto-friendly.
  • The legislators think the state has the worst crypto environment at the moment.
  • The new measure will see Hawaii create new rules for regulating and licensing crypto firms.

Cryptocurrency trading in Hawaii has been a topic of much concern and priority among the government, lawmakers, and crypto enthusiasts. Crypto firms in the state are hitting hard against government regulations and licenses, and some lawmakers are in support of them.

State Senator Bennette Misalucha is among those advocating for the state to consider changing its rules concerning crypto regulation and licensing. This is due to existing laws not favoring the crypto firms and investors as the companies exchanging US dollars for crypto cannot operate in the state.

If you look at the worst cryptocurrency environment, one of which would be Hawaii. For instance, there is a rule that says for every dollar that’s invested, you have to have reserves. And so for many companies, they may not want to bother with Hawaii …

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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