5 Del. C. § 3541: State preemption of inconsistent local law [For application of this section, see 85 Del. Laws, c. 339, § 2].

(a) This chapter and regulations under this chapter constitute the sole and exclusive regulatory framework under Delaware law for the licensing, regulation, and supervision of payment stablecoin issuers operating in this State.

(b) A county, city, municipality, or other political subdivision of this State may not enact or enforce any ordinance, regulation, rule, or other requirement that would do any of the following:

(1) Require a payment stablecoin issuer to obtain a local license, permit, or other authorization to conduct payment stablecoin issuance activities in this State or require a registered digital asset service provider under § 3517 of this title to obtain a local license to the extent of the activities described in its registration.

(2) Impose reserve, capital, or anti-money laundering requirements on payment stablecoin issuers that are additional to or inconsistent with those imposed by this chapter.

(3) Restrict, prohibit, or otherwise regulate the issuance, distribution, sale, or transfer of payment stablecoins, except as expressly authorized by this chapter.

(c) Any local ordinance, regulation, or rule inconsistent with this section is void.