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SS2FORSB19 • 2025

AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO STABLECOINS.

AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO STABLECOINS.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Last action
2026-07-06
Official status
Signed by Governor
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO STABLECOINS.

AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO STABLECOINS.

What This Bill Does

  • AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO STABLECOINS.
  • This Act is a second substitute for Senate Bill No.
  • 19.
  • This substitute bill differs from Senate Bill No.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-07-06 Delaware General Assembly

    Signed by Governor

  2. 2026-06-24 Delaware General Assembly

    Passed By Senate. Votes: 21 YES

  3. 2026-06-18 Delaware General Assembly

    Amendment HA 2 to SS 2 - Introduced and Placed With Bill

  4. 2026-06-18 Delaware General Assembly

    Amendment HA 1 to SS 2 - Stricken in House

  5. 2026-06-18 Delaware General Assembly

    Amendment HA 2 to SS 2 - Passed In House by Voice Vote

  6. 2026-06-18 Delaware General Assembly

    Passed By House. Votes: 36 YES 5 ABSENT

  7. 2026-06-16 Delaware General Assembly

    Reported Out of Committee (Appropriations) in House with 6 On Its Merits

  8. 2026-06-16 Delaware General Assembly

    Reported Out of Committee (Appropriations) in House with 6 On Its Merits

  9. 2026-06-04 Delaware General Assembly

    Amendment HA 1 to SS 2 - Introduced and Placed With Bill

  10. 2026-05-05 Delaware General Assembly

    Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 9 On Its Merits

  11. 2026-05-05 Delaware General Assembly

    Assigned to Appropriations Committee in House

  12. 2026-04-30 Delaware General Assembly

    Assigned to Economic Development/Banking/Insurance & Commerce Committee in House

  13. 2026-04-23 Delaware General Assembly

    Passed By Senate. Votes: 20 YES 1 NOT VOTING

  14. 2026-04-22 Delaware General Assembly

    Reported Out of Committee (Finance) in Senate with 1 Favorable, 3 On Its Merits

  15. 2026-04-21 Delaware General Assembly

    Adopted in lieu of the original bill SB 19, and Assigned to Finance Committee in Senate

Official Summary Text

AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO STABLECOINS.
This Act is a second substitute for Senate Bill No. 19. This substitute bill differs from Senate Bill No. 19 by doing the following:

(1) Reorganizing the proposed "Delaware Payment Stablecoins Act" as Chapter 35 of Title 5, rather than Chapter 40 as originally proposed in Senate Bill No. 19.
(2) Creating § 3508, which restricts non-financial public companies from issuing payment stablecoins.
(3) Creating § 3518, which establishes a voluntary registration pathway for digital asset service providers rather than through the licensing process as originally proposed in Senate Bill No. 19.
(4) Creating § 3556, which establishes procedures for the insolvency of a payment stablecoin issuer.
(5) Creating a new definition of “control” to better align with the bill.
(6) Expanding the definition of “registered public accounting firm” to include certified public accounting firms that meet the standards established by the Delaware Board of Accountancy.
(7) Making appropriate technical corr