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This invitation comes after DCIL admitted the first cohort of companies in August 2020. The second cohort will operate without money transmitter licenses until June 30, 2022. Hawaii’s government has invited established crypto firms to join the Digital Currency Innovation Lab (DCIL) program, which seeks to boost financial innovation in the country. The government unveiled this news through a news release on January 25, noting that all interested firms should apply through the Hawaii Technology Development Corporation (HTDC) website. The application deadline will be on February 27, 3:00 AM UT...

Home » Latest News, Newsroom » DCCA NEWS RELEASE: HAWAII’S DIGITAL CURRENCY SANDBOX SEEKING TO EXPAND THE PLAYING FIELD DCCA NEWS RELEASE: HAWAII’S DIGITAL CURRENCY SANDBOX SEEKING TO EXPAND THE PLAYING FIELD Posted on Jan 25, 2021 in Latest News, Newsroom Cryptocurrency Companies Invited to Apply   HONOLULU – The State of Hawaii’s Digital Currency Innovation Lab (DCIL) invites new entities within the cryptocurrency space to join the program – the first of its kind in the state. Launched in March 2020, the DCIL was formed through a partnership between the Department of Commerce a...