**Coinbase Expands Services to Hawaii Amid Regulatory Changes**
Coinbase, a leading cryptocurrency exchange, is now available in Hawaii, enabling residents to buy, sell, and manage digital assets. This move follows significant regulatory adjustments by Hawaii’s Department of Commerce and Consumer Affairs Division of Financial Institutions (DFI).
- **New Opportunities for Residents**: Hawaiians can now access Coinbase’s platform, offering hundreds of cryptocurrencies and staking services with up to 12% APY rewards.
- **Regulatory Shifts**: Previously, strict regulations hindered crypto operations in Hawaii. The DFI’s relaxed rules under the Hawaii Digital Currency Innovation Lab pilot program have now opened the market.
- **Coinbase vs. SEC**: Meanwhile, Coinbase faces pushback from the SEC over document disclosures, highlighting ongoing regulatory tensions.
Stay tuned for more updates on this evolving story.