Delaware Pushes Stablecoin Regulation
Dover News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Delawares governor and lawmakers unveil bills to regulate stablecoins, aiming to attract the burgeoning industry by allowing the states banking commissioner to license companies holding customer deposits in these digital assets. This move, reminiscent of the states past financial innovations, positions Delaware to lead in the future of digital money, potentially surpassing states like Wyoming. The proposal, supported by the Delaware Bankers Association, follows federal laws banning stablecoin interest payments but remains adaptable to changes in Washington. If approved, these reforms could solidify Delawares status as a fintech powerhouse.
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