In 2019, the American Law Institute (“ALI”) and Uniform Law Commission (“ULC”) began developing amendments to the Uniform Commercial Code (“UCC”) to adapt to the changing landscape of transactions involving digital assets,...more
11/29/2023
/ Bitcoin ,
Blockchain ,
Collateral ,
Cryptocurrency ,
Digital Assets ,
Electronic Records ,
New Guidance ,
Non-Fungible Tokens (NFTs) ,
Proposed Amendments ,
Smart Contracts ,
Uniform Commercial Code (UCC)
The pace at which states are legislating blockchain technology and cryptocurrencies appears to be accelerating. However, there is no standardization or uniformity in how states are choosing to treat these emerging...more
It’s impossible to shop for anything today without coming across a “smart” version of the product you’re interested in. Smart TVs, thermostats, security systems, refrigerators and even vacuums are everywhere....more
Most U.S. businesses have been introduced to the concept of blockchain and Bitcoin by now. Even with scalability and other concerns, investment grows in these technologies. ...more
In the absence of new federal legislation governing blockchain technology and cryptocurrencies, state governments are taking a variety of actions -- from legislation, administrative actions and government-funded studies --...more
If you do not currently own Bitcoin, the odds are in the last few months you have thought about the merits (or lack thereof) of owning Bitcoin. Bitcoin is a cryptocurrency, which is a digital or virtual currency (commonly...more
4/10/2018
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Instruments ,
Financial Markets ,
FinCEN ,
Initial Coin Offering (ICOs) ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Virtual Currency