{"data":{"id":"us-de/5-del.-c.-3506","jurisdiction":"us-de","citation":"5 Del. C. § 3506","heading":"Scope [For application of this section, see 85 Del. Laws, c. 339, § 2].","body":"(a) This chapter applies to any person engaged in the business of any of the following:\n(1) Issuing a payment stablecoin to or on behalf of a resident of this State.\n(2) Acting as a digital asset service provider with or on behalf of a resident of this State, to the extent that the person elects to register under § 3517 of this title or is subject to the consumer protection provisions of § 3535 of this title.\n(3) Providing custody services for payment stablecoin reserve assets on behalf of a permitted payment stablecoin issuer licensed under this chapter, unless exempt under § 3507 of this title.\n(b) A person engages in the issuance of a payment stablecoin in this State if the payment stablecoin is offered, sold, or made available to residents of this State, regardless of the physical location of the issuer.","path":["Title 5. Banking","Other Businesses Under Jurisdiction of State Banking Department","CHAPTER 35. Delaware Payment Stablecoins Act [For application of this chapter, see 85 Del. Laws, c. 339, § 2]","Subchapter II. Scope and Exemptions [For application of this subchapter, see 85 Del. Laws, c. 339, § 2]"],"source_url":"https://delcode.delaware.gov/title5/c035/sc02/index.html#3506","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:05Z","sha256":"9f7e9e56f200fdbd5d913e9268f94de988a8167b84ec19425f3bd0e456ae195b","source_id":"us-de","stale":true,"prev":"us-de/5-del.-c.-3503","next":"us-de/5-del.-c.-3507"},"notice":"GroundRules: Original legal text. Not legal advice."}