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Newly UCC Article 12 and UCC Article 9 Amendments Provide Crypto Guidance

Bitcoin, stablecoins, non-fungible tokens a/k/a NFTs, and even digital currency exchanged in the “metaverse” are now included in security agreements, asset purchase agreements, and mortgages. ....

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Cryptocurrencies and NFTs as Collateral and UCC Article 12

State legislatures across country are working to approve much anticipated Article 12 to Uniform Commercial Code UCC, time to prepare for transactions with cryptocurrencies and non-fungible tokens NFTs as collateral. UCC amendments is the concept of controllable electronic records. ....

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