Cryptocurrency News
Amendments to US commercial code differentiate crypto and ‘electronic money’
2022.08.25 16:41
Amendments to US commercial code differentiate crypto and ‘electronic money’
A joint committee of the United States’s Uniform Law Commission (ULC) and the American Law Institute (ALI) finalized amendments to the Uniform Commercial Code (UCC), regulating the specifics of digital asset transactions and crypto-as-collateral secured financings.
The amendments are “recommended for enactment in all the States,” although each case of final implementation may vary depending on the State.
