Highlights: Stablecoins are likely to be characterized as general intangibles under the UCC of non-Article 12 states....more
2/25/2025
/ Blockchain ,
Business Entities ,
Choice-of-Law ,
Collateral ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Financial Services Industry ,
FinTech ,
Limited Liability Company (LLC) ,
Loan Agreements ,
Regulation ,
Secured Debt ,
Securities Regulation ,
Stablecoins ,
Uniform Commercial Code (UCC)
The official drafting committees of the Uniform Commercial Code have promulgated proposed amendments (the “2022 Amendments”) to address transactions with certain digital assets, notably adding a new Article 12 on Controllable...more