Delaware lawmakers advanced a proposal to establish a state licensing framework for stablecoin issuers, aiming to strengthen the state’s ability to attract digital asset companies. Supporters say the move will provide regulatory clarity and oversight to support industry growth.
Delaware lawmakers introduced Senate Bill 19 to establish a state-level licensing regime for payment stablecoins aligned with federal law. The proposal aims to position Delaware as a preferred jurisdiction for stablecoin issuers and payments infrastructure.
Grayscale has formed new Delaware statutory trusts and designated CSC Delaware Trust Company as registered agent. Market watchers say the move could signal preparations for new funds or ETF-related activity, though no filings have been announced.
Coinbase is moving its corporate registration from Delaware to Texas, saying Texas provides a more efficient and predictable legal system. The shift highlights Texas’s growing appeal to crypto firms and may change governance and litigation dynamics.