KimonoGlory
Sun Sep 01 2024
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5 answers
936
Does Hawaii require cryptocurrency exchanges to hold cash reserves?
Could you please clarify if Hawaii has any specific regulations or requirements in place that mandate cryptocurrency exchanges operating within the state to maintain a certain level of cash reserves? Are these regulations aimed at ensuring the stability and solvency of these exchanges, or do they serve a different purpose? Additionally, are there any penalties or consequences for exchanges that fail to comply with these potential requirements?
