Browsed by
Month: February 2017

Bitcoin Exchange Coinbase Stops Services in Hawaii Due to “Untenable” Regulation ?>

Bitcoin Exchange Coinbase Stops Services in Hawaii Due to “Untenable” Regulation

Prominent Bitcoin and Ethereum exchange and wallet Coinbase announced that it is forced to stop supporting customers in Hawaii due to an “impractical” and “untenable” regulatory policy.
Citing the reason for indefinitely suspending its business in Hawaii, Coinbase revealed[1]:
The Hawaii Division of Financial Institutions (DFI) has communicated regulatory policies which we believe will render continued Coinbase operations there impractical.
Coinbase was first notified of the restrictive regulatory policy by the DFI in September, one that makes it “impossible”…

Read More Read More