When one says “digital assets,” people immediately think of cryptocurrency, but the concept is much broader. It includes not only the currently popular NFTs, but also more mundane matters, such as smart contracts, electronic money, electronic “promissory notes,” electronic chattel paper, electronic documents of title, and electronic receivables. This list goes on. Digital assets and electronic commerce are now ubiquitous. The purpose of this presentation is to broadly discuss the legal framework for transactions in digital assets, including sales and secured transactions. We will explore the current legal framework for such transactions as well as some upcoming changes to the Uniform Commercial Code dealing with transactions in such assets, as well as an examination of the marketplace for digital assets, including the current marketplace and some insights into the future marketplace.
This course is co-sponsored with myLawCLE.
Key topics to be discussed:
- Current legal framework affecting transactions in digital assets, including ESIGN, UETA and the Uniform Commercial Code, specifically Articles 8 and 9
- Proposed legislation affecting transactions in digital assets, including the 2022 proposed revision to the Uniform Commercial Code, specifically the proposed new Article 12
- The present and future marketplace in digital assets
Date / Time: February 16, 2023
- 12:00 pm – 1:00 pm Eastern
- 11:00 am – 12:00 pm Central
- 10:00 am – 11:00 am Mountain
- 9:00 am – 10:00 am Pacific