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The 2022 UCC Amendments help promote stability & predictability in commercial transactions related to a variety of cryptocurrencies (whether intrinsic, non-intrinsic, NFT, or otherwise). A thread clarifying some of the critiques by @theblaze's Daniel Horowitz & @1MarkMoss 1/n
@theblaze @1MarkMoss First, it is worth noting that the UCC is maintained as a joint project of the Uniform Law Commission and the American Law Institute. I am neither a ULC commissioner, nor a member of the ALI. I am a #law #prof @SMULawSchool & have been a #blockchain lawyer since 2011-ish 2/n
@theblaze @1MarkMoss @SMULawSchool I was, however, an observer on the 2022 UCC Amendments project over the long-haul of the project, and it was a long-haul - years in a process that was open to the public for participation...I am not sure changes to the UCC have ever been accused of being "sudden" before 3/n
