Conditions precedent to engaging in virtual currency business activity [For application of this section, see 85 Del. Laws, c. 338, § 3].

Del. Code tit. 5, § 2335
in effect
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(a) A person may not engage in virtual-currency business activity, or hold itself out as being able to engage in virtual-currency business activity, with or on behalf of another person unless the person is 1 of the following: (1) Licensed in this State by the Commissioner pursuant to § 2307 of this title. (2) Exempt from licensing under § 2305 of this title. (b) A person that is licensed to engage in virtual currency business activity is engaged in the business of money transmission and is subject to the requirements of this subchapter.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title5/c023/sc08/index.htmlFetched: 10/4/2026

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