Key facts
- Hawaii will ban cryptocurrency ATMs and kiosks starting October 1.
- The ban targets "digital financial asset transaction kiosks" that accept U.S. currency.
- The decision follows a report of over $80 million in losses from digital asset scams by Hawaii residents.
- Nationwide, digital asset scams resulted in over $11 billion in losses in 2025, according to the FBI.
- Hawaii is the fourth U.S. state to enact such a ban, following Minnesota, Tennessee, and Indiana.
Hawaii is set to implement a comprehensive ban on cryptocurrency ATMs and kiosks, with the prohibition taking effect on October 1. Governor Josh Green signed House Bill 1642 into law in July, prohibiting the operation of digital financial asset transaction kiosks that accept U.S. currency in exchange for digital assets.
The legislative action was prompted by significant financial losses attributed to digital asset scams. The FBI's Internet Crime Complaint Center reported that Americans lost over $11 billion to such scams in 2025. Specifically within Hawaii, residents filed 826 complaints related to cryptocurrency in 2025, resulting in approximately $80 million in losses.
Hawaii's ban follows similar measures enacted in Minnesota, Tennessee, and Indiana, which have already prohibited crypto kiosks. Other states, such as Delaware and New Jersey, have proposed similar legislation, while South Dakota and Wyoming have introduced stricter regulations for crypto ATM activities. Data from CoinATMRadar indicates that 57 crypto ATMs and kiosks were operational across Hawaii's main islands as of Wednesday.