Brian McCall Posts

Now You See It Now You Don’t – How the UCC Amendments Will Undo Bitcoin’s Brief Status as Money

by Brian McCall | Jul 28, 2022 | Uniform Commercial Code

Following the approval of the 2022 joint American Law Institute and Uniform Law Commission project Amendments to the UCC, this article describes the effects of some of the amendments relating to electronic money on cryptocurrencies in general and Bitcoin in particular.

How El Salvador Has Changed U.S. Law by a Bit: The Consequences for the UCC of Bitcoin Becoming Legal Tender

by Brian McCall | Jun 22, 2022 | Uniform Commercial Code

As the first country to adopt Bitcoin as legal tender, El Salvador made world history and sparked many debates and predictions about the effects its decision may have on the Central American nation and its economy. Beyond such consequences, El Salvador has, wittingly or unwittingly, changed the legal effects of various provisions in the Uniform Commercial Code. This Article explores some of the consequences wrought by El Salvador’s bold action