Delaware SB18 amends Title 5 of the Delaware Code to modernize regulations on money transmission and virtual currency business activities.
Delaware SB18 amends Title 5 of the Delaware Code to modernize regulations on money transmission and virtual currency business activities. The bill repeals existing regulations and introduces new provisions to ensure uniformity among states, enhance consumer protection, and modernize safety and soundness requirements. Key provisions include licensing requirements, supervision and examination of licensees, record-keeping obligations, and specific rules for virtual currency business activities.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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