Delaware SB18 amends the Delaware Money Transmission and Virtual Currency Modernization Act to update regulations on money transmission and virtual.
Delaware SB18 amends the Delaware Money Transmission and Virtual Currency Modernization Act to update regulations on money transmission and virtual currency business activities. The bill introduces new licensing requirements, including the need for a surety bond and maintaining permissible investments. It also outlines the process for acquiring control of a licensee, including the need for written approval from the Commissioner.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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