The U.S. state of Delaware is considering legislation to include stablecoins in the banking regulatory framework
BlockBeats News, March 24th, two legislators in Delaware officially introduced the "Delaware Payment Stablecoin Act" (Senate Bill 19), intending to establish a dedicated licensing framework for stablecoin issuers and digital asset service providers in the state. The bill is part of state-level "banking modernization" omnibus legislation aimed at contemporizing the state's banking laws, which have not been significantly revised since 1981.
This legislative action reflects the accelerating competition between U.S. states and the federal government for regulatory authority over digital assets, with Delaware seeking to regain attractiveness to crypto businesses through a clear banking-grade regulatory framework.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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