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Title: [2015-11-20] HAWAII WARY OF BITCOIN LEGALIZATION Post by: Sturgeon on November 21, 2015, 02:23:24 AM Hawaii is currently debating proposals put forth by a number of applicants looking to become ‘money transmitters’ or bitcoin exchanges, according to Iris Ikeda, the commissioner of financial institutions in Hawaii.
The Pacific Business News reports that the state’s Division of Financial Institutions ‘has strong reservations’ about bitcoin, a cryptocurrency that is currently illegal for tender in the island state. Speaking to the PBN’s Kathleen Gallagher, Iris Ikeda, the Division’s commissioner said: We are looking at it and have a number of applications, but one of the things slowing down the process is our concerns over the security of personal information. The state commissioner of financial institutions added that the ‘money transmitter’ applicants seek to become bitcoin exchanges through the process. https://www.cryptocoinsnews.com/hawaii-wary-of-bitcoin-legalization/ Title: Re: [2015-11-20] HAWAII WARY OF BITCOIN LEGALIZATION Post by: odolvlobo on November 21, 2015, 05:17:24 AM Bitcoin is not "illegal for tender" in Hawaii.
I think the author meant "not legal tender", but that doesn't mean illegal. It would be nice if writers, such as Samburaj Das and Kathleen Gallagher knew what they were writing about. Title: Re: [2015-11-20] HAWAII WARY OF BITCOIN LEGALIZATION Post by: RealBitcoin on November 21, 2015, 08:32:07 PM Bitcoin is not "illegal for tender" in Hawaii. I think the author meant "not legal tender", but that doesn't mean illegal. It would be nice if writers, such as Samburaj Das and Kathleen Gallagher knew what they were writing about. Journalists are sensationalist shills, they put all kind of shit in their articles just to get attention. It is a very corrupt and misleading industry. |