No, this is a simple case of over-regulation in a budding market way too early. Coinbase pulled out of Hawaii due to burdensome state regulations. I had to op

No, this is a simple case of over-regulation in a budding market way too early. Coinbase pulled out of Hawaii due to burdensome state regulations. I had to open a new account from address in another state. "Although we strive to provide continuous access to Coinbase services, we regret to inform you that Coinbase is indefinitely suspending services in Hawaii. The Hawaii Division of Financial Institutions has recently communicated regulatory policies which will render continued Coinbase operations in Hawaii impractical. We understand this suspension will inconvenience our Hawaii customers and we apologize that we cannot currently project if or when our services may be restored.” http://www.hawaiiweblog.com/2017/02/27/coinbase-pulls-out-of-hawaii http://www.hawaiiweblog.com/2017/02/27/coinbase-pulls-out-of...