[Delaware Proposes Incorporating Stablecoins into Banking Regulatory Framework] On March 24, two lawmakers in Delaware introduced the *Delaware Banking Modernization Act* (Senate Bill 16) and the *Delaware Payment Stablecoin Act* (Senate Bill 19), aiming to establish a licensing framework for stablecoin issuers and update banking regulations that have been in place since 1981. The *Stablecoin Act* plans to implement licensing requirements for stablecoin issuers and digital asset service providers, setting regulatory standards such as reserve shortfall remediation mechanisms, redemption timeline requirements, capital requirements, and anti-money laundering obligations. The *Banking Modernization Act* focuses on updating corporate governance for traditional financial institutions and introduces definitions for digital assets. Both bills will need to be reviewed by the Senate Banking Committee and debated by the full Senate. Delaware Governor Matt Meyer stated that this initiative aims to attract future industries and improve financial services for residents.