Aloha Crypto! Hawaii Approves Task Force To Regulate Bitcoin And Web3 Technology

Aloha Crypto! Hawaii Approves Task Force To Regulate Bitcoin And Web3 Technology

Hawaii is giving crypto regulation a serious focus now. Around the world, the drive for crypto regulation continues to take shape as more governments seek to establish regulatory frameworks for digital assets. Hawaii could be the latest state to do so, as a senate committee has recommended the formation of a task group to regulate […]


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Hawaii Senate committees favor task force to regulate crypto, blockchain

The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public sectors. Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved the launch of a specialized task force to explore the use and regulation of the crypto ecosystem.In a letter addressed to the President of the Hawaii Senate, Ron Kouchi, legislative members Donovan Dela Cruz and Roz Baker wrote in support of creating a “Blockchain and....

Aloha Browser Paves the Way Towards Web3 With Recent HNS Integration

PRESS RELEASE. Aloha Browser is paving the way towards a decentralized web with the recent Handshake (HNS) integration. Now websites with HNS names automatically resolve within the Aloha Browser without additional configuration. Aloha has always focused on privacy and security for its users and is now at the forefront by having a revolutionary browser for Web3. There are currently more than 28 million monthly active users on Aloha’s mobile apps for Android and iOS. With this release, an Aloha desktop browser is now available too. Download Aloha Browser....

New Hawaii bill seeks to create state-led blockchain working group

Introduced in Hawaii's House of Representatives on Monday, Jan. 25, the bill calls for the formation of a blockchain working group led by the state's economic development agency. A new partisan bill introduced by Democrats in Hawaii's House of Representatives on Monday, Jan. 26, is advocating a targeted strategy for studying and supporting the use of blockchain technology by individuals, firms and state agencies.Hawaii House Bill 622 (HB622) calls for the passage of an act that would require the state's economic development agency, the Hawaii technology development corporation, to create a....

Utah Governor approves of blockchain and digital innovation task force

Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies. After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain and Digital Innovation Task Force.The Utah State Legislature first saw the introduction of the house bill (H.B. 335) in early February 2022, which took nearly two months to pass through several senate, house and fiscal actions before finally being signed by....

EU Parliament Approves Proposal for Digital Currency Task Force

The European Parliament, the legislative branch of the European Union, has approved a proposal for a task force dedicated to digital currencies and blockchain technology. A report drafted by European Parliament member (MEP) Jakob von Weizsäcker first began circulating in late February. It called for measured exploration of the technology by the European Commission, the executive branch of the EU, but stopped short of recommending more than closer monitoring. The report also urged EU leaders to address any risks related to money laundering and terrorism financing. In the months since, the....