LATEST: Coinbase to Offer Crypto Services Again in Hawaii

Coinbase Global Inc., the largest publicly traded crypto exchange in the U.S., has resumed offering its services to residents of Hawaii after a seven-year absence. This comeback is made possible by recent regulatory updates from the Hawaii Department of Commerce and Consumer Affairs Division of Financial Institutions, paving the way for crypto firms to operate in the state.

Hawaii residents can now access a broad range of digital assets and services through Coinbase’s platform, including buying, selling, and managing crypto, as well as taking advantage of features like recurring buys and international asset transfers. Coinbase’s return also brings staking services, allowing users to earn up to 12% APY on select assets.

Faryar Shirzad, Coinbase’s Chief Policy Officer, emphasized that this expansion reflects Coinbase’s dedication to compliance and offering secure, user-friendly crypto services. The launch in Hawaii marks a significant step in the company’s mission to enhance economic freedom on a global scale.

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