The Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (the “GENIUS Act” and the “Act”) establishes a regulatory infrastructure for defining, managing, custodying and issuing a specific kind of...more
6/24/2025
/ Cryptocurrency ,
Digital Assets ,
Digital Currency ,
FDIC ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
Investment ,
OCC ,
Payment Systems ,
Popular ,
Regulatory Agenda ,
Regulatory Requirements ,
Service Professionals ,
Stablecoins ,
U.S. Treasury
On June 11, 2025, the New York State Senate passed a bill adopting the 2022 Amendments to the Uniform Commercial Code (UCC). The 2022 Amendments have now been passed by both houses of the New York legislature, and can be...more
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 following article is part four of our series on the 2022 Amendments to the UCC. You can find the previous articles here. Our last article explored the amendments to the main definition of “money” in Article 1 of the UCC....more
At the bottom of the stack in investment fund structures, there are generally “real” assets—things like equity interests in portfolio companies, mortgage loans, commercial receivables, maybe even bricks and mortar. Fund...more
6/28/2024
/ Asset Management ,
Blockchain ,
Collateral ,
Cryptocurrency ,
Digital Assets ,
Equity ,
Financial Markets ,
Financial Services Industry ,
Financing ,
Investment Funds ,
Investors ,
Perfected Security Interest ,
Securities ,
Uniform Commercial Code (UCC)