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</html><thumbnail_url>http://54.92.202.131/s.7ew10tin/2026/03/featured-image-144.jpg</thumbnail_url><thumbnail_width>796</thumbnail_width><thumbnail_height>448</thumbnail_height><description>O Senado de Delaware apresentou o Projeto de Lei 19, que cria um regime de licenciamento espec&#xED;fico para emissores de stablecoins, sob supervis&#xE3;o do Comiss&#xE1;rio de Bancos do estado, dentro do Delaware Payment Stablecoin Act. A medida pretende reter e atrair empresas de cripto ao estabelecer regras mais robustas, buscando impedir a sa&#xED;da de neg&#xF3;cios para outros estados, como ocorreu com a Coinbase para o Texas. As defini&#xE7;&#xF5;es do projeto se alinham ao GENIUS Act federal, visando compatibilidade regulat&#xF3;ria futura e potencial passagem de um regime nacional a partir de padr&#xF5;es j&#xE1; estabelecidos no estado. Em termos pr&#xE1;ticos, emissores licenciados ficam sujeitos a auditorias de reservas e a padr&#xF5;es de solv&#xEA;ncia, distinguindo claramente quem est&#xE1; licenciado de quem opera fora do arcabou&#xE7;o regulat&#xF3;rio. A proposta tende a favorecer emissores com capital s&#xF3;lido, como Circle e Paxos, aumentando barreiras para projetos menores e acelerando a centraliza&#xE7;&#xE3;o do mercado de stablecoins em Delaware como refer&#xEA;ncia regulat&#xF3;ria.</description></oembed>
