Hawaii To Ban Cash Deposits at Crypto ATMs From October

Hawaii To Ban Cash Deposits at Crypto ATMs From October

Summary

Hawaii will ban crypto kiosks from accepting U.S. cash to buy digital assets starting October 1 under Act 224. The law does not shut kiosks down entirely: people may still sell crypto for cash, and crypto-to-crypto exchanges remain allowed. Lawmakers targeted widespread scam use, especially against older adults, with reports showing most examined kiosk transactions in other jurisdictions were fraudulent. Hawaii residents filed 92 kiosk-related complaints in 2025, with $3.85 million in adjusted losses, and 826 crypto complaints overall totaling about $80 million. Officials said the machines are attractive to criminals because transactions are anonymous and hard to trace. Other states are also considering restrictions.