Live Breaking News & Updates on Hawaii Technology Development
Stay updated with breaking news from Hawaii technology development. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Present and Future of Coworking - Hawaii Business Magazine hawaiibusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hawaiibusiness.com Daily Mail and Mail on Sunday newspapers.
Hawaii Business Magazine May 12, 2021 If you bought a single bitcoin for $1,000 in February 2017 and sold it four years later, you’d pocket around $50,000. But, if you lived in Hawai‘i, you probably didn’t buy Bitcoin after February 2017. That month, the digital currency exchange Coinbase ceased operations in Hawai‘i, blaming over-regulation. Local residents were given 30 days to transfer or sell their digital currency and close their accounts. Since then, digital currency exchanges have struggled to operate in Hawai‘i, but a pilot program started in 2020 opened the door for their return. The Digital Currency Innovation Lab, a joint project of the Hawai‘i Division of Financial Institutions and the Hawaii Technology Development Corp., is a novel approach to regulation. It’s a “regulatory sandbox,” with state regulators working closely with a select group of companies and gathering data to inform decisions about how to regulate the industry moving f ....
Embattled Agribusiness Corporation Has Powerful Friends - Honolulu Civil Beat Lawmakers plan to vote next week on a measure to dissolve the Agribusiness Development Corp. Reading time: 4 minutes. With the future of a state agency in charge of transforming Hawaii’s old plantation lands into working farms in the balance, battle lines formed Friday between Gov. David Ige’s administration and big agricultural organizations on one side and lawmakers who say the agency has failed in its mission and should be dissolved on the other. The hearing before the Hawaii House Agriculture Committee produced no result, as the committee voted to defer until Friday a bill that would dissolve the corporation. ....
Hawaii introduces bill for new blockchain working group Tech A new bill recently introduced to Hawaii’s House of Representatives could pave the way for a state-level blockchain working group, overseen by the local economic development agency. The partisan Hawaii House Bill 622 was introduced by Democrats to the House, and would require the Hawaii Technology Development Corporation to form the new blockchain working group. According to the bill, the working group would focus on creating a legal definition for blockchain, as well as advising on recommendations for adopting and implementing blockchain technologies in the state. The introduction to the bill sets out the view of lawmakers that blockchain technology can be of practical use in a range of public sector functions. ....