Legal Alert | Wiretap Laws in the United States
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It’s a new year, and state legislatures around the country are beginning new legislative sessions. We expect to see more of them enacting Article 12 of the Uniform Commercial Code (UCC), which is designed to facilitate...more
Executive Summary: In the summer and fall of 2022, electronic transactions were undergoing a sea change, but riding different tides: in the summer, the Uniform Law Commission approved a set of amendments to the Uniform...more
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
Katten Named Leader in Blockchain and Cryptocurrency in Chambers FinTech 2023 Guide - Katten announced that the firm had attained a superior ranking in the Chambers FinTech 2023 guide. Katten was recognized as a leader in...more
Over the last few years, stakeholders in the digital asset space have questioned how digital assets should be treated for purposes of the Uniform Commercial Code (UCC), a comprehensive body of laws relating to commercial...more
In May 2018, Ohio lawmakers introduced SB 300 seeking to become one of the latest U.S. states to legally recognize smart contracts and records stored on a blockchain. Introduced by State Senator Matt Dolan, the bill amended...more
You can add Connecticut and Ohio to the list of states passing legislation focused on positioning their respective states favorably to attract businesses developing blockchain-based applications. On June 6, 2018,...more
Despite dealing in one of the most valuable asset classes in the world, the real estate industry largely relies on outdated real estate interest recording systems requiring paper-based filings with local government offices....more
While the investment potential of cryptocurrencies, including BitCoin, has been all over the news in recent weeks, state governments have begun to explore the practical applications of blockchain – the technology underlying...more
Blockchain Technology, the underlying system of Bitcoin, could help democratize the way we store data, prove ownership, and create verifiable trust relationships. The blockchain is a global, public database, or ledger, of...more
One of the buzzwords in the legal and financial industries in 2016 was "blockchain", and the buzz appears to be going strong in 2017. Blockchain, in simple terms, is a distributed database that maintains a record of...more