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Ledger Nano X - The secure hardware wallet
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Why Crypto Needs UCC Article 12

28 October 2022
in Market
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Why Crypto Needs UCC Article 12
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While the updates to the UCC address the certainty of commercial transactions involving crypto, the UCC does not address other substantive law that might affect these assets; look elsewhere for clarity as to securities and commodity regulation, intellectual property, tax, sanctions, anti-money laundering or the rights of digital exchange customers. Article 12 creates defaults and gap fillers, so parties can transact under a common set of rules without having to negotiate complex agreements in the course of their transactions.

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