{"data":{"id":"us-de/5-del.-c.-2335","jurisdiction":"us-de","citation":"5 Del. C. § 2335","heading":"Conditions precedent to engaging in virtual currency business activity [For application of this section, see 85 Del. Laws, c. 338, § 3].","body":"(a) A person may not engage in virtual-currency business activity, or hold itself out as being able to engage in virtual-currency business activity, with or on behalf of another person unless the person is 1 of the following:\n(1) Licensed in this State by the Commissioner pursuant to § 2307 of this title.\n(2) Exempt from licensing under § 2305 of this title.\n(b) A person that is licensed to engage in virtual currency business activity is engaged in the business of money transmission and is subject to the requirements of this subchapter.","path":["Title 5. Banking","Other Businesses Under Jurisdiction of State Banking Department","CHAPTER 23. Money Transmission and Virtual Currency [For application of this chapter, see 85 Del. Laws, c. 338, § 3]","Subchapter VIII. Virtual Currency [For application of this subchapter, see 85 Del. Laws, c. 338, § 3]"],"source_url":"https://delcode.delaware.gov/title5/c023/sc08/index.html#2335","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:05Z","sha256":"d46a9f8ea256c3e45a49f4281109954ea56b9381ec86ec6073cd16646b555d7a","source_id":"us-de","stale":true,"prev":"us-de/5-del.-c.-2334","next":"us-de/5-del.-c.-2336"},"notice":"GroundRules: Original legal text. Not legal advice."}
