27 Feb '17, 9pm

Coinbase Just Stopped Serving Bitcoin Customers in Hawaii

Coinbase Just Stopped Serving Bitcoin Customers in Hawaii

Digital currency exchange Coinbase said today that it will stop serving customers in Hawaii following regulatory changes in the US state. The startup said that it received word last September from the Hawaii Division of Financial Institutions that it would be required to hold cash reserves equal to any digital currency-denominated funds held for its customers. Citing the cost burden this requirement creates, Coinbase said that it would require its customers in Hawaii to close their accounts in the next 30 days and remove any funds they may be using the service to store. Further, Coinbase said that it would block new customer registrations from Hawaii, a policy decision it said would “indefinite” in light of the regulatory concerns. However, Coinbase indicated that it could reopen its doors to customers in Hawaii should conditions improve, citing a push to create a blockcha...

Full article: http://www.coindesk.com/coinbase-just-stopped-serving-bit...

Tweets

Coinbase Waves Goodbye Hawaii, Thank You Ignora...

steemit.com 28 Feb '17, 12pm

On Today's Episode Of The Cryptoverse: Unfortunately, with no good options, Coinbase will require all Hawaii-resident cust...

Coinbase Exits as Hawaii Requires Bitcoin Companies to Hold Fiat Reserves

Coinbase Exits as Hawaii Requires Bitcoin Compa...

news.bitcoin.com 28 Feb '17, 11am

One of the most obtuse regulations I ever heard of. That would be like mandating your local convenience store to hold enou...

Bitcoin Exchange Coinbase Stops Services in Haw...

cryptocoinsnews.com 28 Feb '17, 9pm

Twitter Linkedin Facebook Reddit Weibo Prominent Bitcoin and Ethereum exchange and wallet Coinbase announced that it is fo...

What Blockchain Means (Hint: Not Just Bitcoin), and Why You Should Care

What Blockchain Means (Hint: Not Just Bitcoin),...

datacenterknowledge.com 01 Mar '17, 5pm

If you haven’t been paying much attention to blockchain — the distributed database technology made famous by Bitcoin — it’...

Malta's PM: The Rise of Cryptocurrencies 'Cannot Be Stopped'

Malta's PM: The Rise of Cryptocurrencies 'Canno...

coindesk.com 24 Feb '17, 3pm

European regulators should embrace cryptocurrencies like bitcoin, the prime minister of Malta argued in a speech yesterday...