SB 2387 Hawaii Senate · 2026 Regular Session

RELATING TO DIGITAL FINANCIAL ASSET TRANSACTION KIOSKS.

Summary

Establishes limits on transactions through digital financial asset transaction kiosks. Prohibits (1) the exchanging of United States currency, in an amount greater than $100, from new customers for digital financial assets; (2) any two customers from transacting to the same digital financial asset wallet address; and (3) beginning 1/1/2030, the exchange of United States currency from customers for digital financial assets. Requires operators of digital financial asset transaction kiosks to use blockchain analytics and tracing software to prevent fraud; make certain disclosures; provide receipts to customers; provide full refunds under certain circumstances; and provide live customer service and a dedicated communications line for the Attorney General, Office of Consumer Protection, Department of Law Enforcement, and county police departments. Effective 7/1/3000. (HD2)

Issues: ✓ Technology

Bill status passed both 4 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Apr 2026

Senate Passage

Mar 2026

House Passage

Apr 2026

Governor

Introduced Jan 16, 2026 Last action Apr 20, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

SB2387_HD2 → SB2387_SD1 · 5 edits

MODERATE

This bill was revised to move from a House version to a Senate version, updating the effective date from the year 3000 to 2050 and removing a future prohibition on cash exchanges. The text was also cleaned up to remove references to a specific 'wallet pinning' ban and a definition for 'new customer', while retaining core requirements for transaction limits, fraud disclosures, and customer protections.

Scope change

The bill's scope regarding the prohibition of cash exchanges was narrowed by removing a future ban scheduled for 2030, and the definition of 'new customer' was removed entirely.

TIMELINE

The effective date of the law was changed from July 1, 3000, to July 1, 2050.

REQUIREMENT

A specific prohibition preventing kiosks from accepting cash from new customers in amounts over $100 was removed.

A rule prohibiting two customers from using the same digital wallet address was removed.

DEFINITION

The definition for 'new customer' (a person with an account for less than seven days) was deleted.

TECHNICAL

Minor text edits were made to remove references to 'wallet pinning' and improve phrasing in the warning labels and disclosure sections.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 20, 2026

Committee

Re-referred to CPC, JHA, FIN, referral sheet 30

lower

Apr 16, 2026

Amended

Senate disagrees with House amendments.

upper

Apr 16, 2026

Introduced

Received from House (Hse. Com. No. 653).

upper

Apr 14, 2026

Lower · Passed

Passed Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Cochran, Garcia, Gedeon, Matsumoto, Muraoka, Pierick, Shimizu voting no (7) and none excused (0). Transmitted to Senate.

lower

Apr 1, 2026

Lower · Passed

The committee on JHA recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Tarnas, Poepoe, Belatti, Kahaloa, Takayama; Ayes with reservations: Representative(s) Cochran, Garcia, Shimizu; 0 Noes: none; and 2 Excused: Representative(s) Hashem, Sayama.

lower

Mar 30, 2026

Committee

Reported from CPC (Stand. Com. Rep. No. 1481-26) as amended in HD 1, recommending passage on Second Reading and referral to JHA.

lower

Mar 18, 2026

Lower · Passed

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam; Ayes with reservations: none; 1 Noes: Representative(s) Pierick; and Excused: none.

lower

Mar 12, 2026

Committee

Referred to CPC, JHA, referral sheet 17

lower

Mar 10, 2026

Introduced

Received from Senate (Sen. Com. No. 224) in amended form (SD 1).

lower

Mar 10, 2026

Upper · Passed

Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 4, 2026

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Mar 4, 2026

Upper · Passed

The committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Mar 2, 2026

Upper · Passed

The committee(s) on JDC/WAM will hold a public decision making on 03-04-26 10:35AM; Conference Room 211 & Videoconference.

upper

Feb 13, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM.

upper

Feb 13, 2026

Committee

Reported from CPN/LBT (Stand. Com. Rep. No. 2257) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC/WAM.

upper

Feb 6, 2026

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 6, 2026

Upper · Passed

The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 5 Aye(s): Senator(s) Elefante, Lamosao, Ihara, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 2, 2026

Upper · Passed

The committee(s) on CPN/LBT has scheduled a public hearing on 02-06-26 10:00AM; Conference Room 229 & Videoconference.

upper

Jan 28, 2026

Committee

Referred to CPN/LBT, JDC/WAM.

upper

Jan 21, 2026

Introduced

Introduced and passed First Reading.

upper

Jan 16, 2026

Introduced

Pending Introduction.

upper

10 primary · 0 co-sponsors