Delaware lawmakers introduced Senate Bill 19 on Monday afternoon, aiming to establish one of the nation’s first state-level regulatory regimes for payment stablecoins aligned with federal law. SB19 Requires 1:1 Reserves and Monthly Audits for Stablecoin Firms The proposed Delaware Payment Stablecoin Act or Delaware Banking Modernization Act lays out a licensing and oversight structure […]
Source and More information: Delaware Eyes Stablecoin Leadership With New Licensing Framework
Author: Bitcoin.com
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