Scope [For application of this section, see 85 Del. Laws, c. 339, § 2].

§ 3506. Scope [For application of this section, see 85 Del. Laws, c. 339, § 2]. (a) This chapter applies to any person engaged in the business of any of the following: (1) Issuing a payment stablecoin to or on behalf of a resident of this State. (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. (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. (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.85 Del. Laws, c. 339, § 1;