Coinbase Expands Into Hawaii Despite Market Downturn

Coinbase, a leading centralized cryptocurrency exchange, has announced its expansion into Hawaii, enabling residents to buy, sell, and manage their digital assets through the platform. This development follows significant regulatory changes made by Hawaii’s Department of Commerce and Consumer Affairs Division of Financial Institutions (DFI). In a press release shared with Cointelegraph, Coinbase highlighted the collaborative efforts with local authorities to enter the Hawaii market. “We’ve worked diligently with local authorities to ensure we can enter the Hawaii market and welcome their innovative, responsible approach, which aligns with our goal of providing a safe and compliant environment for all,” the