Impact of El Salvador’s Adoption of Bitcoin on U.S. Lending Market
Fordham Law News
NOVEMBER 15, 2021
These implications stem from Article 9 of the Uniform Commercial Code (UCC), a standardized set of business laws that has been fully adopted in every state but Louisiana. [8] 16] Permanent Editorial Board for the Uniform Commercial Code, Draft For Public Comment, at 3 (Aug. 6] which make up 20% of El Salvador’s GDP. [7] 9-310(a). [13]
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