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International Business Times
International Business Times
Business
Marvie Basilan

Aloha, Hawaii! Coinbase Returns, Hails State's 'Responsible Approach' To Regulatory Clarity

Hawaii Crypto SEC Faryar Shirzad CFTC
Coinbase has returned to Hawaii amid recent regulatory changes in the Aloha State. (Credit: Coinbase)

KEY POINTS

  • Coinbase left Hawaii in 2017 amid stringent requirements for crypto firms seeking to operate in the state
  • The crypto giant has returned after the state said crypto firms no longer need to obtain a money transmitter license
  • Coinbase's Shirzad welcomed the state's regulatory updates that he said aligned with the exchange's goals

Coinbase has returned to Hawaii, seven years after exiting the state, providing residents with a suite for cryptocurrency services that residents can enjoy, including staking and international digital asset transfers.

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