Scope [For application of this section, see 85 Del. Laws, c. 339, § 2].
Del. Code tit. 5, § 3506
in effect(a) This chapter applies to any person engaged in the business of any of the following:
(1) Issuing a payment stablecoin to or on behalf of a resident of this State.
(2) Acting as a digital asset service provider with or on behalf of a resident of this State, to the extent that the person elects to register under § 3517 of this title or is subject to the consumer protection provisions of § 3535 of this title.
(3) Providing custody services for payment stablecoin reserve assets on behalf of a permitted payment stablecoin issuer licensed under this chapter, unless exempt under § 3507 of this title.
(b) A person engages in the issuance of a payment stablecoin in this State if the payment stablecoin is offered, sold, or made available to residents of this State, regardless of the physical location of the issuer.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title5/c035/sc02/index.htmlFetched: 10/4/2026